Verizon retailer selects site in Raleigh for new HQ, 250 jobs

A month after announcing a plan to create 250 jobs in Raleigh, Verizon retailer A Wireless has selected the space for its headquarters relocation. CEO George Sherman says Friday that the company has signed a lease for the Colonnade II building on Colonnade Center Drive off of Six Forks Road. The plan is to eventually have 300 people occupying two floors of the building, he says. Read: Records show Verizon retailer looked at Atlanta, Raleigh for jobs “We looked across the Triangle, but ultimately felt north Raleigh gave us a nice recruiting niche,” he says. Currently, some employees are working out of temporary space in the building as tenant improvement work commences. Sherman expects to be able

Walgreens Tries to Avoid Another FTC Ordeal

Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. (RAD) are still hoping to avoid another lengthy go-round with the Federal Trade Commission as they seek antitrust approval for the "Plan B" they unveiled after canceling their merger on June 29. On Thursday, Aug. 17, the pharmacy retail chains said they voluntarily pulled and refiled their antitrust notification with the FTC plans for Walgreens to buy 2,186 Rite Aid stores for $5.2 billion. Rite Aid shares dropped 1.98%, or 5 cents, to $2.23 and Walgreens fell 37 cents, or 0.46%, to $80.89. Refiling antitrust an application gives the commission an extra 30 days to review the transaction without issuing a more burdensome second request for information and is a common maneuver when merging parties that believe they can address a few competition concerns without undergoing lengthy negotiations before regulators.

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  Walgreens Boots to Gain From Altered Rite Aid Deal, Alliance

  Zacks
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  BRIEF-Walgreens voluntarily withdraws notification, report forms

  Reuters