The FTC retained Cornerstone Research in its review of this proposed merger.
Retained by the Federal Trade Commission
The Federal Trade Commission initiated an investigation into Walgreen Boots Alliance’s proposed acquisition of Rite Aid Corporation. The FTC retained Cornerstone Research to support Christine Hammer, CPA.
In September 2017, Walgreens received regulatory clearance for an amended agreement and completed the transaction, buying nearly two thousand Rite Aid stores for $4.4 billion.