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Walmart makes big push for same day in-store pickup service
The discounter, which said 84% of Americans are still shopping for the holidays, is making a big push for its same day in-store pickup service. It’s made more items eligible for the service than ever before. Also, customers will be able to shop for qualifying items, notated with “Free Pickup Today,” online until 4 p.m. local time on Dec. 23. The items can be picked up in stores until 6 p.m. on Dec, 24.
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KKR and WBA close PharMerica deal
Investment firm KKR and minority investor Walgreens Boots Alliance, based in Deerfield, Ill., on Thursday closed its acquisition of PharMerica, a provider of specialty pharmacy services.
The deal, first announced in August, was closed ahead of schedule. The all-cash transaction is valued at roughly $1.4 billion and will make PharMerica a private company. In connection with the completion of the acquisition, shares of PharMerica’s common stock will cease trading on the NYSE prior to the opening of the NYSE on Dec. 8, 2017.