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Rite Aid, one of the largest pharmacy chains in the United States, announces its acquisition of Envision Pharmaceutical Services, a pharmacy benefits manager, for $2 billion. This strategic move positions Rite Aid to compete effectively in the evolving healthcare market. Envision Pharmaceutical Services offers a range of pharmacy and mail-order services and is expected to generate significant revenue this year, enhancing Rite Aid's offerings and market presence.
Tuesday, 10 February, 2015