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You don't have to be a New Yorker to recognize Duane Reade, the city's predominant drug chain. Now, New York's iconic Duane Reade drug stores has fallen into the clutches of a national retailer ...
Walgreen (WAG) said Wednesday it will acquire drugstore chain Duane Reade from affiliates of private equity firm Oak Hill Capital Partners in a deal valued at $1.08 billion, which includes ...
Walgreens Boots Alliance, Inc. (WBA) is an American multinational holding company headquartered in Deerfield, Illinois. [2] The company was formed on December 31, 2014, after Walgreens bought the 55% stake in Alliance Boots (owner of Boots UK Limited ) that it did not already own.
On April 9, 2010, Duane Reade was acquired by the Walgreen Company for $1.075 billion, consisting of $618 million in cash and $427 million of assumed debt. [16] The transaction includes Duane Reade corporate office, 257 stores, and two distribution centers. [17] On July 6, 2011, Duane Reade opened a location at 40 Wall Street in Lower Manhattan ...
In the U.S., WBA owns the high-profile Walgreens and Duane Reade banners, and it also recently bought 1,932 Rite Aid stores for $4.38 billion. ... Walgreens Boots Alliance (the company's official ...
In 2010, Walgreens acquired New York City-area chain Duane Reade for $1.075 billion, including debt, and continued to use the Duane Reade name on some stores in the New York City metropolitan area. [21] In March 2011, Walgreens acquired Drugstore.com for $409 million. [22]
In June 2008, Miquelon joined Walgreens as senior vice president and CFO and was promoted to executive vice president in July 2009. [4] While at Walgreens, Miquelon was heavily involved in the acquisition of e-commerce company Drugstore.com , [ 5 ] the purchase of the New York City drugstore chain Duane Reade , [ 6 ] and the two-step ...
This pharmacy leader could be the comeback story of 2025.