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Rite Aid shareholders get review of drugstore deal.

The Patriot-News (Harrisburg, PA)

| June 28, 2007 | COPYRIGHT 2007 The Patriot-News. (Hide copyright information)Copyright

Byline: David DeKok

Jun. 28--Corporate executives live for the sort of year that Mary F. Sammons could boast about Wednesday at Rite Aid Corp.'s annual meeting in Harrisburg.

It's always easier to face the shareholders when you have great numbers and a big acquisition to include in the presentation rather than having to talk about restated earnings, indictments and desperate efforts to keep the company afloat.

The bad days are in the past at East Pennsboro Twp.-based Rite Aid, where Sammons is chairman, president and CEO.

"This was a milestone year for Rite Aid," she said. "We filled more prescriptions and opened more than 100 new stores. …

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