CVS Health Corporation announced that the U.S. Bankruptcy Court of New Jersey has approved its bids to acquire the prescription files of 625 Rite Aid pharmacies across 15 states, along with 64 Rite Aid stores in Idaho, Oregon, and Washington. This transaction is pending regulatory approvals and other customary closing conditions. CVS Pharmacy aims to ensure a smooth transition for Rite Aid customers and is preparing to welcome those moving over to their services. The company is also working closely with Rite Aid to maintain uninterrupted access to pharmacy care during this period. Further details about the transaction will be provided as the closing dates approach.
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