“Local charities eye impact of Rite Aid takeover” – Central Penn Business Journal

riteaidSOURCE: Central Penn Business Journal file photo

“One of the many questions midstate residents are asking about Walgreens’ planned acquisition of Rite Aid is this: What will happen to the money and volunteers that Rite Aid has traditionally provided to the region’s nonprofits?

“It might seem like a minor point compared with other concerns, such as whether Rite Aid’s corporate jobs will remain in the area; and, considering the deal won’t close for several months, it’s probably too soon for nonprofits to worry. But some are already saying they’ll be watching the situation carefully.”

Click here to read the Central Penn Business Journal article in its entirety.

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