The Last Big Drugstore Deal: Walgreens To Buy Rite Aid For $17.2 Billion |
| October 28, 2015 | October 2015 Bond Updates |
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Pharmacy giant Walgreens Boots Alliance said on Tuesday evening it is buying competitor Rite Aid for $9 a share in cash, valuing the retail drugstore chain at $17.2 billion when including debt. The deal will combine two of the nation's leading pharmacies, potentially helping them adapt to fast changing healthcare market. |
| View more at: http://www.forbes.com/sites/antoinegara/2015/10/27/the-last-big-drugstore-deal-walgreens-to-buy-rite-aid-for-17-2-billion/ |
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