Walgreens shareholders approve $10B Sycamore acquisition
The transaction, expected to close in Q3 or Q4, will take the company private after nearly 100 years as a public company.
| Ticker |
WBA
|
| CIK | 0001618921 |
| SIC | 5912 |
| Sector | Retail Trade |
| Industry Category | Retail |
| Industry Group | Retail – Drug & Proprietary Stores |
| Address | 108 WILMOT ROAD, DEERFIELD, IL, 60015 |
| Website | walgreensbootsalliance.com |
| Phone | (847) 315-2500 |
| CEO | Rosalind G. Brewer |
| Employees | 325,000 |
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Walgreens shareholders approve $10B Sycamore acquisitionThe transaction, expected to close in Q3 or Q4, will take the company private after nearly 100 years as a public company. Walgreens acquisition by Sycamore wins shareholder agreementWBA shareholders will receive $11.45 per share in cash upon the deal's closure. $10 Billion Exit: Walgreens Just Got Bought OutPrivate equity swoops in as the pharmacy giant retreats from Wall Street after brutal years of store closures and losses. Walgreens Boots Alliance shareholders approve transaction with SycamoreWalgreens Boots Alliance (WBA) announced that at the Company’s Special Meeting of Shareholders, WBA shareholders approved the previously announced acquisition of the Company by entities affiliated with Sycamore Partners Management. According to the preliminary results, approximately 96% of votes cast at the Special Meeting by all shareholders were voted in favor of the merger agreement proposal. In addition, approximately 95% of the votes cast at the Special Meeting by unaffiliated shareholders Sector Update: Health Care Stocks Retreat Late AfternoonHealth care stocks were sliding late Friday afternoon, with the NYSE Health Care Index dropping 1.1% |