Walgreens scraps Rite Aid deal, and instead will buy some stores in $5.18 billion deal

Drugstore chain Walgreens Boots Alliance said on Thursday it terminated its agreement to buy Rite Aid, and would instead buy 2,186 Rite Aid stores and some distribution centers for $5.18 billion in cash. Walgreens said it would pay Rite Aid a $325 million fee related...

Rupert Murdoch’s bid for UK broadcaster Sky is now likely to face a full investigation

Shares of Sky rose sharply on Thursday morning after the U.K. government said it would delay making a final decision regarding 21st Century Fox’s takeover pursuit of the U.K. broadcaster to the domestic competition authority. The decision is now due in mid-July...