Walgreens

KKR's $1.4 billion acquisition of PharMerica completed early

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The acquisition of long-term care pharmacy PharMerica Corporation by investment firm KKR has been completed slightly ahead of schedule, the companies announced Thursday.

Looks like insurance isn't the only thing being exchanged here

Looks like insurance isn't the only thing being exchanged here

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I have a friend who might be best described as a curmudgeon-in-training. He seems to live in a world where almost everything was better than it is now.

Walgreens back in the long-term care market, sort of

With more vendors targeting the hospice market, two drug giants appear ready to face off. Walgreens left the institutional-pharmacy business in 2010, of which hospice pharmacy is a part, in a deal with Omnicare. Walgreens traded the unit for Omnicare's home-infusion business. Since then, Omnicare has been the market leader for hospice drugs. So why the strategy change for Walgreens?

Walgreens buys drugstore.com for $409 million

Walgreens has purchased drugstore.com for $409 million, the company announced. The acquisition gives Walgreens access to drugstore.com's three million customers. Walgreens is the nation's largest drugstore chain. The company's 7,689 drugstores generated more than $67 billion in sales last year.