Walgreens, Rite Aid decrease sale price by $2 billion

Walgreens Boots Alliance and Rite Aid recently came to an agreement on a price reduction for the purchase of Rite Aid. 
The amount of price reduction was announced to be at least $2 billion. This decision came after both companies were finding it to be challenging to find antitrust enforcers to support the sale. 
Walgreens and Rite Aid agreed to the purchase back in October 2015, with a price tag of about $9.4 billion. Walgreens anticipated having over 10,000 pharmacy chain stores in the United States. 
However, the deal has not been met with 100 percent approval as the Federal Trade Commission was skeptical about all of the stores being owned by the same company. That forced Walgreens and Rite Aid to voice their intent of selling 865 stores to another company, Fred's Inc. 
The companies will seek to assuage FTC regulators by selling more stores, but that could take as long as six months.  
The new details of the purchase place Rite Aid's value at $6.8 billion to $7.4 billion.