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Walgreens will focus on retail health care with Rite Aid merger

Walgreens will focus on retail health care with Rite Aid merger

The proposed merger of Walgreens and Rite Aid will leave just two giant drugstore chains in the Baltimore area and across the United States.

The more than $17 billion deal for Walgreens Boots Alliance Inc. to acquire Rite Aid will give the combined retailer the muscle to take on rival CVS — which now owns pharmacies in Target — and mail-order drug companies as well as become a go-to spot for health care products and services alike, analysts believe.

But experts warn the merger could leave consumers with fewer choices, less convenience and little benefit from the expected synergies of more than $1 billion. The Rite Aid name eventually could disappear as...

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