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Tender offer part of refinancing that is expected to include an increased revolving credit facility. Refinancing will improve debt maturity profile and result in decreased interest expense. Rite Aid Corporation (NYSE: RAD) (“we,” “us,” “our...
The drug distribution space is probably too often overlooked by investors. In that domain, you have some central growth themes inextricably tied into the equation […] For further details see: Recession Proof Explosive Growth at Your Local Pharmacy? (CVS, DVLP, GDRX, WBA, RAD, MDR...
Tender offer part of refinancing that is expected to include an increased revolving credit facility. Refinancing will improve debt maturity profile and result in decreased interest expense. Rite Aid Corporation (NYSE: RAD) (“we,” “us,” “our...
Grubhub and Rite Aid Partner to Provide Nationwide Delivery PR Newswire Customers can now tap Grubhub's first national drugstore partner to order all their health and wellness essentials this cold and flu season CHICAGO and PHILADELPHIA , Nov. 17,...
Drugstore company Rite Aid (NYSE: RAD) saw its shares rise 15.6% on Tuesday. After closing at $5.91 on Monday, the stock opened Tuesday at $6.18 and rose to a high of $7.37 in the first couple of hours of trading, its highest point since Sept. 22. It closed the session at $6.83. The...
The beaten-down pharmacy retailer Rite Aid Corporation ( NYSE: RAD ) climbed ~20% Tuesday on above-average volume, rallying alongside a buoyant broader market. About 3.0M Rite Aid ( RAD ) shares have changed hands compared to the 65-day average volume of ~2.6M. ...
Rite Aid Corporation (RAD) Credit Suisse 31st Annual Healthcare Conference Call November-9, 2022 4:25 PM ET Company Participants Heyward Donigan - CEO Matt Schroeder - CFO Conference Call Participants Albert Rice - Credit Suisse Presentation ...
Summary SA Contributor Daniel Jones talks CVS's surprisingly fantastic recent earnings. Cano Health deal - don't worry too much about the rumors. Is CVS a buy? Julie Morgan: Thanks for joining me today. I'm Julie Morgan, host of Seeking Alpha's daily flagship pod...
Rite Aid (NYSE: RAD) announced today that President and CEO Heyward Donigan and CFO Matt Schroeder will present at the Credit Suisse 31st Annual Healthcare Conference in Rancho Palos Verdes, California, on November 9 th at 4:25 p.m. Eastern Time. The presentation can be viewed live ...
Rite Aid ( NYSE: RAD ) said Thursday it commenced a tender offer to buy for cash up to $200M of its outstanding 7.5% senior secured notes due 2025. The firm is conducting the offer to improve its capital structure by reducing debt and interest expense, and extending its de...
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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...
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...