UPDATE: Walgreens Boots (WBA) Has Multiple Buyers for Rite Aid (RAD) Divestitures - co-COO Gourlay

November 15, 2016 8:53 AM EST

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.
(Updated - November 15, 2016 9:12 AM EST)

Walgreens Boots Alliance (Nasdaq: WBA) says it has multiple buyers for Rite Aid divestitures, according to co-Chief Operating Officer Alex Gourlay, speaking at the Morgan Stanley Global Consumer & Retail Conference today.

UPDATE - Walgreens Boots said it will have to sell more pharmacies than anticipated.

Buyers are also said to have met criteria set forth by the FTC, according to the company.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Conference Calls, Management Comments, Mergers and Acquisitions, Special Reports

Related Entities

Morgan Stanley

Add Your Comment