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WALGREENS

  • Fred’s remains committed to buying divested Rite Aid locations

    MEMPHIS, Tenn. — Fred’s Pharmacy confirmed its agreement to purchase divested stores remains in effect following Monday’s news that Walgreens Boots Alliance and Rite Aid extended the deadline for their potential merger agreement.

  • Walgreens Boots Alliance taps marketing agency WPP to manage global communications

    DEERFIELD, Ill.  — Walgreens Boots Alliance on Tuesday afternoon partnered with WPP and selected a team of WPP agencies to operate and develop multiple marketing and communications channels for its retail and wholesale businesses as well as its health and beauty product brands.

  • Walgreens, Rite Aid amend deal to $7 per share, extend end date

    DEERFIELD, Ill.  — Walgreens Boots Alliance and Rite Aid on Monday morning extended their previously announced definitive merger agreement under which Walgreens Boots Alliance will acquire all outstanding shares of Rite Aid.

  • Walgreens increases regular quarterly dividend

    DEERFIELD, Ill.  — Walgreens Boots Alliance on Thursday announced that its board of directors has declared a regular quarterly dividend of 37.5 cents per share, an increase of 4.2% over the year-ago period.

    Walgreens Boots Alliance and its predecessor company, Walgreens, have paid a dividend in 337 straight quarters (more than 84 years) and have raised the dividend for 41 consecutive years.

    The dividend is payable March 10, 2017 to stockholders of record as of Feb. 15, 2017.

     

  • NY Post: Cerberus Capital emerges as potential white knight in Walgreens deal

  • Walgreens opens first Community specialty banner in Iowa

    DEERFIELD, Ill.  — Walgreens will be opening its first specialty pharmacy in Iowa next month, according to a report in The Des Moines Register.

    The 2,000 square foot pharmacy will open under the Community, A Walgreens Pharmacy banner and will cater to patients with complex medical conditions such as cancer, HIV/AIDS and transplants.

  • Walgreens Flu Index: Flu continues to rage across Texas

    DEERFIELD, Ill.  — The Walgreens Flu Index for the week of Jan. 22 is picking up on significant rising incidence throughout the Lone Star State — the three markets with the greatest amount of flu incidence gains in the past week are all in Texas.

    According to the Texas Influenza Surveillance Report, for the week ending Jan. 14, the percentage of doctor and hospital visits for influenza-like illnesses appoached 6%.  

    For the week of Jan. 22, the top 10 markets as measured by flu activity were:

  • Friday is the Walgreens-Rite Aid merger deadline

    DEERFIELD, Ill.  — The day some analysts thought would never come has arrived. On Friday, Jan. 27, the deadline expires for the pending acquisition of Rite Aid by Walgreens Boots Alliance for $9 per share in cash (representing a $17.2 billion deal including the acquired net debt).

    What now?

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