A board reshuffle at Rite Aid after 2 failed merger attempts

Business 09/27/18, 08:32

After two failed buyouts, Rite Aid is shuffling its board of directors and dividing power at the top of the drugstore chain.Rite Aid said Thursday that three new, independent directors will be nominated to its board and that CEO John Standley will no longer hold the title of chairman. That ...

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