Reference no: EM132201468

(Business Law)...Walgreens announced that it intends to purchase Rite Aid to become the largest United States pharmacy. As of March 28, 2016 it was announced that the acquisition continues to go as planned with the transaction expected to close in the latter half of the calendar year of 2016. Review at least one recent newspaper or magazine article on the Internet on this proposed acquisition. Then discuss one legal aspect of this proposed transaction mentioned in the chapter of the textbook (Business Law Today 11th edition, chapters 31-32). In your discussion you should mention the source and date of the newspaper or magazine article and also list the page in the textbook that identifies the legal aspect. Also, discuss whether you feel the merger should be approved by the federal government and state your reasons applying the legal principles in this chapter.