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The rising price of dealmaking

By Brigid Sweeney  |  July 05, 2017

As healthcare companies rush to bulk up via mergers and acquisitions, they're almost always hit with shareholder lawsuits. Now that Walgreens has given up on its efforts to buy rival drugstore chain Rite Aid, it should ready itself for membership in the growing club of defendants.

Walgreens ends yearslong attempt to buy Rite Aid

Walgreens ends yearslong attempt to buy Rite Aid

By Associated Press  |  June 29, 2017

Walgreens has ended its takeover pursuit of rival Rite Aid following resistance from U.S. regulators and will instead now buy stores, distribution centers and inventory in a new deal with the chain.

Piedmont taking over 27 Walgreens clinics in Atlanta

Piedmont taking over 27 Walgreens clinics in Atlanta

By Dave Barkholz  |  February 22, 2017

Piedmont Healthcare has agreed to take over and operate 27 Walgreens in-store clinics in the Atlanta metropolitan area. Piedmont joins systems in other states which have bought or leased retail clinics meant to provide fast, convenient care for patients with minor ailments.

Walgreens partners with health tech incubator Matter

By John Pletz, Crain's Chicago Business  |  December 21, 2016

Walgreens has signed on as a partner of Matter, a Chicago-based incubator for health technology startups. The pharmacy giant will provide mentorship and financial support to Matter's 150 or so startups.

Walgreens, Rite Aid shed 865 stores to close $9.4 billion deal

Walgreens, Rite Aid shed 865 stores to close $9.4 billion deal

By Associated Press  |  December 20, 2016

Walgreens and Rite Aid will sell 865 stores to rival retailer Fred's for $950 million, potentially removing the final roadblock thwarting a tie up between the nation's largest and third-largest drugstore chains.

Healthcare Marketing IMPACT Awards Visionary Award: Nancy Schlichting

Healthcare Marketing IMPACT Awards Visionary Award: Nancy Schlichting

By Merrill Goozner  |  November 10, 2016

A self-described child of the 1960s, she overcame barriers both personal and professional to gain prominence. She was a woman who made it in a field dominated by men. She quickly moved on to bigger and better positions after being outed as gay by a member of the board at the Ohio hospital system...

Walgreens sues Theranos alleging breach of contract

By Associated Press  |  November 08, 2016

Walgreens has sued its former partner, blood-testing startup Theranos, alleging breach of contract. The unit of Walgreens Boots Alliance is seeking $140 million, the amount it invested in Theranos.

Walgreens cuts ties to Theranos

By Associated Press  |  June 13, 2016

Troubled blood-testing startup Theranos says it will continue serving customers through independent retail locations a day after the nation's largest drugstore chain severed ties with the company.

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