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WALGREENS

  • WSJ: Theranos settles Walgreens lawsuit for $30 million

    Walgreens Boots Alliance and Theranos have tentatively reached accord on a $30 million agreement, according to a story published Wednesday in The Wall Street Journal. Walgreens had been seeking $140 million as part of a breach of contract suit in an attempt to recover the cost of its investment.

  • Walgreens and Greater Than AIDS teams on free testing for 7th straight year

    DEERFIELD, Ill. — Walgreens and Greater Than AIDS, a leading national public information response to the domestic HIV/AIDS epidemic, are teaming up for the seventh straight year with health departments and local AIDS service organizations to offer free HIV testing and counseling about prevention strategies, including Pre-Exposure Prophylaxis, as part of a National HIV Testing Day effort.

  • Florida Hospital Express Care opens 15 clinics within Walgreens pharmacies

    TAMPA, Fla. — Florida Hospital Express Care at Walgreens retail healthcare clinics are now open in 15 Walgreens locations throughout Tampa Bay.

  • Fred's secures additional financing to acquire divested Rite Aid stores

    MEMPHIS, Tenn. — Even as media reports circulated Friday that the Federal Trade Commission was preparing to block the merger between Walgreens Boots Alliance and Rite Aid, one of the merger’s key players took steps to help strengthen the case to approve it. According to a Securities and Exchange Commission filing, Fred's Pharmacy secured additional financing Friday to meet its obligation of acquiring as many as 1,200 Rite Aid stores that are expected to be divested as part of the merger.

  • Report: FTC preparing to block WBA's acquisition of Rite Aid

    The Federal Trade Commission is preparing "advice" to block the deal to merge Walgreens Boots Alliance and Rite Aid, according to a Investor's Business Daily report. The news was first reported by Bloomberg. "Shares of Rite Aid sank 14% to 3.03 in afternoon trading on the stock market [and] Walgreens dipped 0.3%. Rival CVS Health (CVS) edged up 0.5%," Investor's Business Daily reported. In addition, shares of Fred's Pharmacy, which has agreed to acquire as many as 1,200 divested Rite Aid locations as part of the deal, dropped 2.5% Friday.

  • Merger decision expected soon, Rite Aid tells associates

    CAMP HILL, Pa. — In a letter to associates earlier this week, Rite Aid chairman and CEO John Standley, along with Ken Martindale, CEO Rite Aid Stores and president Rite Aid, informed Rite Aid's rank and file that a decision regarding Walgreens Boots Alliance proposed acquisition of Rite Aid is expected soon.

  • Walgreens, Susan G. Komen Chicago team on Rewards for Mammograms effort

    CHICAGO — As Susan G. Komen Chicago works toward its goal of cutting the number of breast cancer deaths in half by 2026, the organization has kicked off a collaboration with Walgreens to encourage mammograms. The organization and the retailer, alongside major Chicago-area healthcare providers, are collaborating on Rewards for Mammograms program to encourage 100,000 people to get mammograms by the end of October.

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