RAD News and Press, Rite Aid Corporation

Secures Interim Approval to Access Up to $3.45 Billion in Debtor-in-Possession Financing Continues to Serve Customers and Deliver Healthcare Products and Services Across Retail and Online Platforms Rite Aid Corporation (OTC: RADCQ) (“Rite Aid” or the “Compan...

2023-10-16 17:13:25 ET The New York Stock Exchange has suspended trading of Rite Aid ( NYSE: RAD ) shares as the exchange moves to delist the company in the wake of its bankruptcy filing this weekend. Shares of Rite Aid were suspended at 4:15 p.m. ET. Rite Aid filed for Chapte...

2023-10-16 10:15:47 ET Summary Rite Aid File for Ch.11 bankruptcy on October 15. Under the plan shareholders get no recovery and shares will be cancelled. There is a stalking horse bid of $575 million for Elixir. Secured noteholders get 100% of the new equity. McKesson...

2023-10-16 09:11:00 ET U.S. stock index futures on Monday pointed to a higher open, with Wall Street's focus turning to the Q3 earnings season this week. Major names such as Goldman Sachs ( GS ), Johnson & Johnson ( JNJ ), Netflix ( NFLX ) and Tesla ( TSLA ) are sche...

Stein Succeeds Elizabeth “Busy” Burr Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) today announced that its Board of Directors has appointed Jeffrey S. Stein as Chief Executive Officer (CEO), Chief Restructuring Officer (CRO) an...

Reaches Agreement in Principle with Key Creditors on the Terms of Financial Restructuring Plan Initiates Voluntary Chapter 11 Process to Implement a Consensual Financial Restructuring That Will Significantly Reduce Debt and Enable Execution of Key Initiatives Receives Commitment f...

2023-10-15 22:20:22 ET More on Rite Aid Rite Aid to file quarterly report late with SEC Rite Aid said to be seeking asset-backed loan to support potential bankruptcy Seeking Alpha’s Quant Rating on Rite Aid Historical earnings data for Rite Aid ...

Beat the Halloween Hurries by Turning Drug Store Finds Into Unforgettable Ensembles Please replace the release dated October 10, 2023, with the following corrected version due to multiple revisions. The updated release reads: CREEP IT SIMPLE: RITE AID RELEASES DIY HALLOWEE...

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2023-10-12 18:24:14 ET More on Rite Aid Rite Aid said to be seeking asset-backed loan to support potential bankruptcy Rite Aid receives non-compliance notification from Nasdaq Seeking Alpha’s Quant Rating on Rite Aid Historical earnings data for Rite A...