Walgreens Going Private

Courtesy of Prairie Communications

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Walgreens is going private after almost a century as a publicly traded company.  The pharmacy chain is being bought up by private equity firm Sycamore Partners in a deal worth nearly 24-billion-dollars.  This comes as the company has lost nearly 80 percent of its market cap and some 10 percent of their locations have closed.

***Courtesy of Total Traffic News***

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