The Rite Aid Corporation will sell four Vermont stores as part of a plan to merge Rite Aid with the Brooks and Eckerd drug stores.
The Vermont Attorney General’s office says Rite Aide agreed to sell stores in Bellows Falls, Lyndonville, Newport and Saint Johnsbury.
Once the merger is complete, the combined Rite Aid/Brooks-Eckerd chain will be the third largest retail drug store chain in the country. It will have more than 5,000 stores.
Attorney General William Sorrell says the settlement will preserve competition among retail drug stores.