Sycamore Partners to acquire Walgreens Boots Alliance, Inc. for $23.7B. WBA stock up 7.3%. Click for my review of the deal and strategy for WBA shareholders.
What Happened? Shares of pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA) jumped 8.1% in the afternoon session after The Wall Street Journal reported the company was close to sealing a deal with private equity firm Sycamore Partners to go private.
Walgreens Boots Alliance is set to be acquired by buyout firm Sycamore Partners for $10 billion, going private. Here's what to know in Michigan.