Walgreens to be taken private by Sycamore Partners in $10B deal
1. Walgreens Boots Alliance acquired by Sycamore Partners for $10 billion. 2. Buyout offers $11.45 per share, an 8% premium. 3. WBA shares rose 6% in after-hours trading. 4. Market value dropped from $100 billion to $9 billion over ten years. 5. Shift to cheaper rivals like Amazon and Walmart is impacting profitability.