Rite Aid deal goes wrong: The Tipline for 9 August 2018

Today we have news that Albertsons and Rite Aid have abandoned their proposed merger, despite already securing antitrust approval. Elsewhere, the American Medical Association wants to block the CVS Health/Aetna merger; while American Express is seeking summary judgment in its battle against merchant plaintiffs. Look out tomorrow for our coverage of the final day of trial as the Federal Trade Commission attempts to block Tronox’s purchase of Cristal.