Rite Aid, currently undergoing bankruptcy proceedings, is in the process of selling off its assets, including prescription files for over 1,200 retail pharmacies. Major bidders like CVS, Walgreens, and Albertsons have expressed interest, but specific details about the locations involved remain undisclosed. This lack of transparency has prompted three landlords to file objections, citing uncertainty over their leases. They request information to potentially negotiate better deals. CVS has acknowledged the inquiries but has not specified when the detailed information will be available.
Conspicuously absent from the notice is any particular and critical information regarding who bought what and for how much? The landlords seek transparency.
The landlords are just looking for basic information on which Rite Aid locations were involved in the bidding, arguing that this would help them secure better lease deals.
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