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Walgreen Company (doing business as Walgreens) is an American pharmacy store chain and the second largest in the United States, behind CVS Health's CVS Pharmacy. [3] It specializes in filling prescriptions, health and wellness products, health information, and photo services. [ 4 ]
Walgreens had previously purchased 45% of the company for $4.0 billion and 83.4 million common shares in August 2012 with an option to purchase the remaining shares within three years. [4] Walgreens became a subsidiary of the newly created company after the transactions were completed. [5]
As another example in 2006, most Walmart store pharmacies filled many generic prescriptions for $4 for a month's supply. However, in California and ten other states, complaints from other pharmacies resulted in Walmart being required to charge at least $9 for a month's supply of certain drugs. [42]
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