Walgreens to acquire assets of 18 ApothecaryRx pharmacies

DEERFIELD, Ill. Walgreens has reached a definitive agreement with Graymark Healthcare to acquire the company's assets of 18 retail pharmacies across five states.

Graymark Healthcare's subsidiary, ApothecaryRx, is an independent retail pharmacy business. Affected ApothecaryRx patients in Colorado, Oklahoma, Minnesota, Missouri and Illinois will be notified upon the transaction's closing. The deal is expected to close in fourth quarter 2010, Walgreens said.

"We have a long history of providing high quality pharmacy services in these markets," said Walgreens operations VP Bill Miller. "Our staff is dedicated to making the transition as seamless as possible for our new customers. We look forward to introducing them to the unique offerings that have made Walgreens one of the country's most trusted providers of pharmacy, health and wellness services and daily living needs."