Another proposed merger is facing the risk of falling apart, if a Bloomberg report is to be believed. Citing people familiar with the matter, the Bloomberg reported that the FTC isn't convinced about the Walgreens Boots Alliance Inc 's proposed deal to buy Rite Aid Corporation from the anti-trust perspective.Deadline Pushed ForwardIt may be recalled that in October, the companies agreed to extend the deadline for the deal closure to January 27, 2017, from the original deadline of October 27, 2016. The deal was announced in October 2015 and vetted by Rite Aid shareholders in February 2016.FTC Seeks DivestitureIn order to win antitrust clearance, the companies announced in December 2016 that they would sell 865 Walgreens and Rite Aid stores to Fred's, Inc. for $950 million in cash. Earlier, it was rumored that Kroger Co might be interested in buying the stores the companies are mandated to dispose to secure antitrust clearance. Subsequently, reports suggested that Kroger wasn't interested.Source