Rite Aid Corp. reportedly has offered up to $4 billion in cash and stock to acquire the Eckerd drugstore chain from JC Penney.
Two other bids have been submitted, one by CVS and Kohlberg Kravis Roberts (KKR), and the other by Jean Coutu - both of which reportedly were in the $4 billion range.
Two other bids have been submitted, one by CVS and Kohlberg Kravis Roberts (KKR), and the other by Jean Coutu - both of which reportedly were in the $4 billion range.
- KC's View:
