Walgreens to go private in $10B deal

1. Walgreens Boots Alliance to go private with Sycamore Partners for $10 billion. 2. Shareholders will receive $11.45 per share, 8% above recent closing price. 3. Company's market value drastically decreased from $100 billion to $9 billion. 4. Plans to close 1,200 stores due to competition and declining sales. 5. Private ownership may allow for aggressive cost cuts and more operational flexibility.