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Shares of Walgreens Boots Alliance (NASDAQ: WBA) pulled back today after the company again ran into trouble with regulators. On Friday, the Department of Justice (DOJ) filed a lawsuit against ...
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.
It exercised that option in August 2014, and following shareholder and regulatory approvals, the two businesses merged on 31 December 2014 to form Walgreens Boots Alliance. [4] The group's operations were mainly carried out under the Boots and Alliance Healthcare brands. Boots UK is the UK's leading pharmacy-led health and beauty retailer.
Walgreen Company, doing business as Walgreens, is an American company that operates the second-largest pharmacy store chain in the United States, behind CVS Health. [3] It specializes in filling prescriptions, health and wellness products, health information, and photo services. [4]
Walgreens Boots Alliance Inc., which runs about 8,500 stores in the U.S., said in late June that it was finalizing a turnaround plan in the U.S. that might lead to hundreds of store closings.
Walgreens, the US-based owner of Boots, is in talks to sell itself to a private equity company, casting uncertainty over the future of the venerable high street chain. Walgreens could be bought ...