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Walgreens (WBA) ALERT: Johnson Fistel Investigates Proposed Sale of Walgreens; Is $11.45 a Fair Price for Shareholders?

1. Johnson Fistel is investigating Walgreens board's fiduciary duties in sale. 2. Sycamore Partners agrees to buy Walgreens for $11.45 per share. 3. Concerns arise over whether the board sought better alternatives. 4. Analyst target price of $19.21 raises questions about the deal's value. 5. Walgreens' 52-week high stood at $22.05, indicating potential undervaluation.

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FAQ

Why Bearish?

The ongoing investigation may signal internal governance issues, creating uncertainties. Similar investigations have historically led to price declines due to negative sentiment.

How important is it?

The article discusses critical shareholder concerns about the buyout price and governance, directly influencing investor sentiment and stock performance.

Why Short Term?

Investigation outcomes can impact stock performance quickly as shareholder sentiment may shift rapidly. Previous deal-related investigations often yielded immediate effects on stock valuations.

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SAN DIEGO, March 07, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Walgreens Boots Alliance, Inc. (NASDAQ: WBA) breached their fiduciary duties in connection with the proposed sale of the Company to private equity firm Sycamore Partners. On March 6, 2025, Walgreens announced that it had signed a definitive merger agreement with Sycamore. Under the terms of the agreement, Sycamore will acquire all of the outstanding shares of Walgreens’s common stock for $11.45 per share in cash. The investigation concerns whether the Walgreens board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Walgreens shares of common stock. Nationally recognized Johnson Fistel is investigating whether the proposed deal represents adequate consideration, especially given one Wall Street analyst has a $19.21 price target on the stock. The 52-week high for Walgreens was $22.05. You can click or copy and paste the following link to join this investigation: https://www.cognitoforms.com/JohnsonFistel/WalgreensBootsAllianceInc2 If you are a shareholder of Walgreens and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number. About Johnson Fistel, LLP: Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Johnson Fistel, LLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content. Contact: Johnson Fistel, LLP 501 W. Broadway, Suite 800, San Diego, CA 92101 James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471 jimb@johnsonfistel.com or fjohnson@johnsonfistel.com

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