| The year 2007 marked a key point in our Company’s history, with the merger of our US subsidiary, The Jean Coutu Group (PJC) USA, into Rite Aid Corporation. This transaction represents a unique strategic opportunity to optimize our United States presence by transforming our investment in Brooks Eckerd pharmacies into the leading ownership position in Rite Aid, the third largest drugstore chain in the North America. We are proud of what we have accomplished and we are very grateful to our employees and our franchisees for translating our corporate values into action. Together, we have set the stage for future growth over the coming years.
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