Tag Archives: Approve

Shareholders of Walgreens Boots Alliance overwhelmingly approved the drugstore chain’s $10 billion acquisition by private equity firm Sycamore. It is a rough era for national pharmacy chains like Walgreens, CVS, and Rite-Aid, closing hundreds of stores due to changing consumer behavior, declining pharmacy reimbursements and rising costs. Walgreens will close more than 1,000 stores through 2027 and Rite-Aid filed for …

DOJ approval “reads like a complaint” The DOJ’s unusual statement about the wireless industry oligopoly shows that the Justice Department staff and antitrust chief “clearly did not want to approve this,” stated Harold Feld, senior VP of consumer advocacy group Public Knowledge. The press release “reads like a complaint,” not an announcement of a merger approval, he added. Daniel Hanley, …

Walgreens Shareholders Approve $10 Billion Sycamore Partners Deal  The Wall Street Journal Walgreens shareholders approve $10 billion private equity buyout  Yahoo Finance Walgreens Boots Alliance Shareholders Overwhelmingly Approve Transaction with Sycamore Partners  Walgreens Boots Alliance Walgreens shareholders approve buyout to Sycamore Partners  Modern Healthcare Walgreens Merger with Sycamore: A Turnaround Play with Upside Potential  AInvest Source link