(WAG) Walgreen Announces Sale of Pharmacy Benefit Management Business
Walgreen (WAG), one of the largest retail pharmacy chains in the US, has decided to sell its pharmacy benefit management (PBM) business to Catalyst Health (CHSI) for $525 million in cash. The transaction, expected to close by the end of June 2011, is subject to regulatory clearances. Walgreen anticipates the deal to be EPS-neutral in [...] (WAG) Walgreen Announces Sale of Pharmacy Benefit Management Business
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