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Rite Aid is a drugstore chain in the United States and a Fortune 500 company headquartered in Pennsylvania. Rite Aid is the largest drugstore chain on the East Coast and the third largest drugstore chain in the U.S. An offer was presented by Walgreens Boots Alliance in October 2015. Rite Aid accepted the offer and is currently pending government antitrust committee approval. If and when the deal is approved, Walgreens will form the world's largest retail pharmacy chain in terms of number of locations.