Rite Aid Completes Restructuring Process And Emerges From Chapter 11, Marking A New Beginning As A Stronger Company With A Rightsized Store Footprint, More Efficient Operating Model, Significantly Less Debt And Additional Financial Resources
Benzinga · 09/03/2024 16:04
Share
Listen to the news
Moving Forward as a Stronger Company with Focused Portfolio and Enhanced Financial Position
Rite Aid Corporation ("Rite Aid" or the "Company") today announced that it has successfully completed its financial restructuring and emerged from Chapter 11, marking a new beginning as a stronger company with a rightsized store footprint, more efficient operating model, significantly less debt and additional financial resources.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.
Copyright © 2025 Webull. All Rights Reserved