Rite Aid Files For Chapter 11 Bankruptcy in New Jersey

Rite Aid Corp. files for Chapter 11 bankruptcy protection in New Jersey, according to a court filing.

• Estimated liabilities: $1b-$10b
• Estimated assets: $1b-$10b
• NOTE: Rite Aid Seeking Asset-Based Loan to Fund Itself in Bankruptcy
  • In Aug., Rite Aid Prepares Chapter 11 Bankruptcy to Restructure Debts

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Tim Smith, Zoe Ma

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