Walgreens agrees to acquisition by private equity firm for almost $10 billion
Walgreens agrees to acquisition by private equity firm for almost $10 billion
www.pbs.org Walgreens agrees to acquisition by private equity firm for almost $10 billion
Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money.
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31 comments
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Private equity, huh?
Walgreens has about two year left before shutting down.
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Start the clock...
Although... my company went that route and ended up being sold to a big tech company, so there can be happy endings...
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Well, it took private equity over a decade to eventually kill Toys ”R” Us. Two years would be speed running their demise.
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Walgreens is in much worse shape than TRU was, though.
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31 comments