RITE-AID IN TALKS TO PURCHASE 'A FEW DOZEN' RED APPLE UNITS

NEW YORK -- Rite-Aid Corp., a chain drug-store operator based in Camp Hill, Pa., said last week it expects to acquire "a few dozen" supermarket locations from Red Apple Co. here.Franklin Brown, general counsel for Rite-Aid, said the exact number of units Rite-Aid is buying is still under negotiation, but he said he expects the final deal to involve "a few dozen" stores.Red Apple operates 63 supermarkets

NEW YORK -- Rite-Aid Corp., a chain drug-store operator based in Camp Hill, Pa., said last week it expects to acquire "a few dozen" supermarket locations from Red Apple Co. here.

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