When Rite Aid acquired nearly 1,900 Brooks and Eckerd drugstores last June, it became the largest chain on the East Coast. Since then, however, Rite Aid has struggled. The day following the release of its December financials, Rite Aid announced it was closing its 28 stores in the Las Vegas market and selling patient prescription files for 27 stores to Walgreens. What does this deal mean for Rite Aid and Walgreens?
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