Cases & Deals

Rite Aid receives clearance from FTC to acquire Brooks and Eckerd drug stores

Clients Rite Aid Corporation

Jones Day served as antitrust counsel to Rite Aid Corporation in its $3.5 billion acquisition of the U.S. network of 1,854 Brooks and Eckerd drug stores from Canada's Jean Coutu Group. The Federal Trade Commission cleared the merger, conditioned on certain divestitures, after a ten-month investigation.