Rite Aid Inks Ch. 11 Deal With Key Medicine Supplier
Rite Aid Corp. struck a tentative deal on Tuesday with its key supplier, McKesson Corp., paving the way for the bankrupt drugstore chain to continue getting $9 billion of medicines annually and clearing an important early hurdle in its Chapter 11 case in New Jersey.
The debtors are represented Michael D. Sirota, Warren A. Usatine, Felice R. Yudkin and Seth Van Aalten.
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