Tag Archives: equity

Elizabeth Warren pushes back on plan to get private equity into 401(k)s

Elizabeth Warren pushes back on plan to get private equity into 401(k)s

CNN  —  A typical 401(k) plan only offers stock and bond funds that invest in publicly traded companies. But private companies — traditionally the domain of institutional and high-net-worth investors — have become a significant part of the overall investing market. Do they belong as an option in workplace retirement plans, given that they are often more expensive and less …

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Walgreens shareholders approve $10 billion private equity buyout

Walgreens shareholders approve  billion private equity buyout

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 …

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