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Walgreens Exploring Leveraged Buyout

Walgreens is considering a deal to take the company private. Reuters first reported Tuesday the pharmacy retailer was exploring the move. “Such a step would remove the company from the public eye and could make it easier to focus more on in-store health services, which could draw in customers and better position Walgreens to compete with CVS Health,” analysts tell the Chicago Tribune. “For Walgreens, going private would mean not having to answer to shareholders for the first time since 1927.”

Read the whole story at Chicago Tribune »

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