Walgreens to Be Acquired by Sycamore Partners in $10 Billion Deal
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.


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Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.

Sycamore will pay $11.45 per share, a premium of 8% to the stock's closing price.

The historic transaction ends Walgreens' tumultuous run as a public company, which began in 1927.

(RTTNews) - Walgreens Boots Alliance Inc. (WBA) is nearing the final stages of a deal with Sycamore Partners to take the beleaguered drugstore chain private in…
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