Business & Tech

Report: Walgreens Close to Buying Rite Aid

Woburn is home to two Walgreens and one Rite Aid.

Walgreens will reportedly buy Rite Aid in a mega-merger of two of the largest drugstore chains in the country.

Walgreens is expected to announce the deal as soon as Wednesday, the Wall Street Journal reported.

Find out what's happening in Woburnfor free with the latest updates from Patch.

In Massachusetts, Walgreens operates 167 stores, while Rite Aid operates 148 stores. Combined, the stores run more than 13,000 stores in 11 countries.

Woburn is home to two Walgreens and one Rite Aid.

Find out what's happening in Woburnfor free with the latest updates from Patch.

Both companies are worth a combined $10 billion, the Journal reported.

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