Walgreens’ breakup looms as $10 billion sale to go private is reportedly in the works - MarketWatch
1. Walgreens is nearing a $10 billion sale to Sycamore Partners. 2. Acquisition price per share is estimated between $11.30 and $11.40. 3. The stock rallied after the report, despite a 50% annual decline. 4. Deutsche Bank analysts suggest the acquisition may not yield premium pricing. 5. Sycamore may break up Walgreens post-acquisition, retaining only core operations.