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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 ...
Walgreens Boots Alliance, Inc. ( WBA) is an American multinational holding company headquartered in Deerfield, Illinois, [ 2] which owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. The company was formed on December 31, 2014, after Walgreens ...
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. [22] In March 2011, Walgreens acquired Drugstore.com for $409 million. [23]
Now, New York's iconic Duane Reade drug stores has fallen into the clutches of a national retailer. Walgreens is acquiring the 50-year-old chain for $1.1 billion.
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 ...
MEDIA ALERT: Walgreens and Duane Reade Pharmacies Throughout New York Now Offering Flu Shots for Children Age 7 and Older in Response to Executive Order DEERFIELD, Ill.--(BUSINESS WIRE ...
Rite Aid. Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. [ 10] It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. It is the third-largest drugstore chain in the United States, with over 2,000 stores, and ranked No. 148 in the Fortune 500 in 2022.
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