Walgreens shareholders approve $10 billion private equity buyout

State Street Walgreens closes, Springfield Pharmacy to replace it

SPRINGFIELD, Mass. (WWLP) - Amid the closures of Walgreens stores nationwide, the old Walgreens location on State Street in Springfield has a new owner moving in. Springfield’s Italian feast returns after 20 years Very soon, locals will be able to go to Springfield pharmacy for their prescriptions and medications, but also their groceries. The Springfield pharmacy signed a lease last week to open its third location, but with a market insid…

Here’s when Walgreens will go private after $10 billion private-equity buyout

Walgreens shareholders approve $10B deal to go private

Walgreens shareholders approve $10 billion private equity buyout

Shareholders of Walgreens Boots Alliance overwhelmingly approved the drugstore chain’s $10 billion acquisition by private equity firm Sycamore Partners, the companies announced Friday.

Walgreens Boots Alliance shareholders approve acquisition by Sycamore Partners

Walgreens Boots Alliance, Inc. announced that its shareholders have approved the acquisition of the company by entities affiliated with Sycamore Partners Management, L.P. At a special meeting, approximately 96% of votes cast by all shareholders favored the merger agreement proposal. Among unaffiliated shareholders, about 95% supported the proposal.Tim Wentworth, Chief Executive Officer of Walgreens Boots Alliance, stated, “We appreciate the cons…

Walgreens Shareholders Approve $10 Billion Private Equity Buyout

Walgreens shareholders Friday approved private equity firm Sycamore Partners’ $10 billion buyout offer for the iconic drugstore chain.