Current Report Filing (8-k)
December 22 2020 - 4:16PM
Edgar (US Regulatory)
0000084129
false
0000084129
2020-12-18
2020-12-18
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
December 18, 2020
Rite Aid Corporation
(Exact name of registrant as specified in
its charter)
Delaware
|
|
1-5742
|
|
23-1614034
|
(State or Other Jurisdiction
of Incorporation)
|
|
(Commission File Number)
|
|
(IRS Employer
Identification Number)
|
30 Hunter Lane, Camp Hill, Pennsylvania
17011
(Address of principal executive offices,
including zip code)
(717) 761-2633
(Registrant’s telephone number, including
area code)
N/A
(Former name or former address, if changed
since last report)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of
the Act:
Title of each class
|
Trading
Symbol(s)
|
Name of each exchange on which
registered
|
Common Stock, $1.00 par value
|
RAD
|
The New York Stock Exchange
|
Indicate by check mark whether the registrant is an emerging
growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ¨
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 7.01 Regulation FD Disclosure
On December 18, 2020, Rite Aid Corporation
(the “Company”) completed its previously announced acquisition of all of the issued and outstanding shares of The Bartell
Drug Company (“Bartell Drugs”), a Washington state-based drug store chain, pursuant to that certain stock purchase
agreement (the “Stock Purchase Agreement), dated as of October 7, 2020, by and between the Company and Bartell Drugs.
Bartell Drugs’ stores join Rite Aid’s existing 69 Seattle area stores and will continue to operate under the Bartell
Drugs name. Pursuant to the terms of the Stock Purchase Agreement, the Company paid approximately $95,000,000 in cash. There is
no material relationship, other than in respect of the transaction, between the parties.
The information being furnished pursuant
to this “Item 7.01 Regulation FD Disclosure” shall not be deemed to be “filed” for the purposes of Section 18
of the Securities Exchange Act of 1934, as amended, or the Exchange Act, or otherwise subject to the liabilities of that section
and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities
Act, or the Exchange Act regardless of any general incorporation language in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
104 Cover
Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
RITE AID CORPORATION
|
|
|
|
|
|
|
|
|
Dated: December 22, 2020
|
By:
|
/s/ Matthew C. Schroeder
|
|
|
Name:
|
Matthew C. Schroeder
|
|
|
Title:
|
Executive Vice President and Chief Financial Officer
|
Rite Aid (NYSE:RAD)
Historical Stock Chart
From Mar 2024 to Apr 2024
Rite Aid (NYSE:RAD)
Historical Stock Chart
From Apr 2023 to Apr 2024