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  2. Rite Aid bankruptcy plan approved, cutting $2 billion in debt

    www.aol.com/news/rite-aid-bankruptcy-plan...

    NEW YORK (Reuters) -A U.S. bankruptcy judge on Friday approved Rite Aid's restructuring plan, allowing the pharmacy chain to cut its debt by $2 billion and turn over control to a group of lenders.

  3. Rite Aid's bankruptcy plan, revised on Thursday, would cut $2 billion in debt and provide $47.5 million to junior creditors, including individuals and local governments who have sued the company ...

  4. Rite Aid seeks Chapter 11 bankruptcy protection as it deals ...

    www.aol.com/news/major-us-pharmacy-chain-rite...

    Rite Aid has filed for bankruptcy protection and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits. The company said Rite Aid ...

  5. Rite Aid files for bankruptcy faced with high debt, opioid ...

    www.aol.com/news/drug-retailer-rite-aid-files...

    Rite Aid has $4 billion in debt, $8.6 billion in total liabilities and $7.65 billion in assets, according to court filings in the U.S. Bankruptcy Court for the District of New Jersey.

  6. Rite Aid shutting down 27 more locations, bringing closure ...

    www.aol.com/news/rite-aid-shutting-down-27...

    Updated June 20, 2024 at 8:17 AM. Angus Mordant. Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations ...

  7. Rite Aid files for bankruptcy - AOL

    www.aol.com/rite-aid-files-bankruptcy-041004375.html

    Rite Aid filed for Chapter 11 bankruptcy protection Sunday, a casualty of a miserable environment for drug stores, exacerbated by its runner-up status to bigger chains and expensive legal battles ...

  8. Rite Aid files for bankruptcy amid slowing sales, opioid ...

    www.aol.com/news/rite-aid-files-bankruptcy-amid...

    Rite Aid has asked a court to dismiss the department’s lawsuit and denied allegations that it filled unlawful opioid prescriptions. — CNBC’s Christine Wang contributed to this report. Rite ...

  9. Rite Aid seeks Chapter 11 bankruptcy protection as it deals ...

    www.aol.com/rite-aid-seeks-chapter-11-150205672.html

    This photo shows a sign of Rite Aid on its store in Pittsburgh on Jan. 23, 2023. Rite Aid, a major U.S. pharmacy chain, said Sunday, Oct. 15, that it has filed for bankruptcy as part of its effort ...

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