Walgreens to go private in roughly $10 billion deal with Sycamore Partners

1. Walgreens to go private via Sycamore Partners for $10 billion equity value. 2. Sycamore offers $11.45 per share; possible additional payouts up to $3. 3. Walgreens has faced significant market cap decline, down 70% over three years. 4. Company plans to close 1,200 stores, including 500 in fiscal 2025. 5. New CEO Tim Wentworth aims to revitalize Walgreens after challenging years.