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News: New York
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Category:
Business Region: USA State: New York |
WALGREEN CO. TO ACQUIRE SELECT ASSETS OF PHARMACY AND MEDICAL SPECIALTY PRODUCT PROVIDER FAMILYMEDS GROUP INC.
Source: Genetic Engineering News
Date: 15-Feb-2007
Walgreen Co. (NYSE:WAG) (NASDAQ:WAG) today announced it has reached an agreement to acquire select assets of Farmington, Conn.-based Familymeds Group Inc. (OTCBB:FMRX), a specialty pharmacy and medical specialty product provider. Walgreens is acquiring the assets for approximately $60 million, in addition to assuming certain real estate leases.
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