Sept. 19 (UPI) -- Drugstore chain Walgreens received approval from U.S. regulators to purchase nearly 2,000 Rite Aid stores, the company said Tuesday.
The $4.375 billion deal will give Walgreens control of 1,932 Rite Aid stores across the United States. Walgreens originally attempted to buy the entire Rite Aid company, but U.S. antitrust regulators frowned on the deal, causing the drugstore giant to eventually abandon its plan and settle for 254 fewer stores.