Business, Logistics

Walgreens CFO Downplays Amazon’s Role in Pharmacy Industry

At the moment, Walgreens' CFO isn't too concerned about Amazon entering the pharmacy space. David Paul Morris/Bloomberg News

Walgreens Boots Alliance’s finance chief downplayed the impact of Amazon .com Inc. just days after the internet giant’s push into online pharmacy sent shares of pharmacies and drug distributors reeling.

Angelica LaVito | Bloomberg News
November 20, 2020

Walgreens-Rite Aid Agree to $17.2 Billion Merger

Two of the largest drug store chains in the United States have agreed to join forces. Walgreens Boots Alliance said it will acquire all outstanding shares of Rite Aid for $9 per share in cash, for a total enterprise value of approximately $17.2 billion, including acquired net debt. 

October 27, 2015