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flag Rite Aid files for bankruptcy again, seeking to sell assets while keeping stores open.

flag Rite Aid, the third-largest U.S. pharmacy chain, has filed for bankruptcy protection for the second time, aiming to sell its assets while keeping its stores open. flag The company secured $1.94 billion in new financing for the bankruptcy process. flag Rite Aid previously filed for bankruptcy in October 2023, emerging as a private company with fewer stores and less debt. flag The pharmacy chain faces challenges from increased competition and declining prescription reimbursements.

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