Walgreens Boots Alliance (WBA) to be acquired by Sycamore Partners at $11.45/share plus potential extras. Explore shareholder ...

March 7 (UPI) --Walgreens Boots Alliance Friday said the drug store chain is going private, acquired by private equity company Sycamore Partners in a $23.7 billion deal described as a "definitive ...

In doing so, shareholders would vote for CEO Tim Wentworth to either look for a better deal or to continue the Walgreens turnaround plan. CEO Wentworth said, “Sycamore will provide us with the ...

Walgreens shareholders must also approve the deal ... Both Sycamore and Walgreens have entered into voting and reinvestment agreements with Pessina, who owns 17% of Walgreens shares.

Under the terms of the deal, shareholders are to receive $ ... who owns 17% of Walgreens’ shares, will vote all his shares in favor of the transaction and then reinvest in the company acquiring ...

Sure, there’s the potential for another $3 per share for Walgreens shareholders if future divestitures pan out well, but the bottom line is many shareholders will be asked to vote to cement ...

Shares of the company rose nearly 6% in extended trading. Walgreens shareholders could also receive an additional $3 in cash from future monetization of the company's debt and equity interests in ...

Walgreens said, 17% of WBA's outstanding common stock held by Executive Chairman Stefano Pessina's holding company, will vote the shares in favor of the deal with Sycamore. WBA shareholders will ...