RITE AID

WASHINGTON — The Federal Trade Commission’s is set to hold a closed-door meeting on Thursday. The meeting comes in the lead-up to the Jul. 7 deadline by which the regulatory agency has to approve or file suit to block the Walgreens-Rite Aid merger.

CAMP HILL, Pa. — Rite Aid celebrated the grand reopening of its Harrisburg Market Street store on Tuesday, where Harrisburg Mayor Eric Papenfuse joined Bryan Everett, EVP store operations Rite Aid along with other company and community officials for a ribbon-cutting ceremony.

HOUSTON — RediClinic last week unveiled a redesigned website that makes it even easier for people to access high-quality, cost-effective convenient care. Using the new site, patients can make an appointment with one click, personalize their entire RediClinic experience, access customer reviews and browse actionable health content.

MEMPHIS, Tenn. — Even as media reports circulated Friday that the Federal Trade Commission was preparing to block the merger between Walgreens Boots Alliance and Rite Aid, one of the merger’s key players took steps to help strengthen the case to approve it. According to a Securities and Exchange Commission filing, Fred's Pharmacy secured additional financing Friday to meet its obligation of acquiring as many as 1,200 Rite Aid stores that are expected to be divested as part of the merger.

The Federal Trade Commission is preparing "advice" to block the deal to merge Walgreens Boots Alliance and Rite Aid, according to a Investor's Business Daily report. The news was first reported by Bloomberg. "Shares of Rite Aid sank 14% to 3.03 in afternoon trading on the stock market [and] Walgreens dipped 0.3%. Rival CVS Health (CVS) edged up 0.5%," Investor's Business Daily reported. In addition, shares of Fred's Pharmacy, which has agreed to acquire as many as 1,200 divested Rite Aid locations as part of the deal, dropped 2.5% Friday.

CAMP HILL, Pa. — In a letter to associates earlier this week, Rite Aid chairman and CEO John Standley, along with Ken Martindale, CEO Rite Aid Stores and president Rite Aid, informed Rite Aid's rank and file that a decision regarding Walgreens Boots Alliance proposed acquisition of Rite Aid is expected soon.

BOSTON, Mass. —  Rite Aid's Health Dialog, a leading provider of population health management solutions, last week announced that Kern Health Systems is offering the Health Dialog Nurse Line to members.