Rite Aid Can Sell Analytics Arm Health Dialog For $2.75M

By Clara Geoghegan · May 8, 2024, 3:00 PM EDT

Pharmacy retail chain Rite Aid got the green light Wednesday from a New Jersey bankruptcy judge to sell most of its coaching and analytics division, Health Dialog, to healthcare technology firm...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

Bankrupt drugstore chain Rite Aid filed for Chapter 11 Oct. 15 with plans to close more retail locations, sell its pharmacy benefits manager business and shed some of its $4 billion of total funded debt.

Case Number

3:23-bk-18993

Judge

Michael B. Kaplan

Venue

U.S. Bankruptcy Court for the District of New Jersey

Capital Structure

Total Liabilities:

$4 billion

View Full Scorecard

Documents

Related Sections

Case Information

Case Title

Rite Aid Corporation

Case Number

3:23-bk-18993

Court

New Jersey

Nature of Suit

Date Filed

October 15, 2023

Recent Articles By Clara