Walgreen (WAG) To Acquire Option Care (OPTN) for $19.50/Share
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Walgreen Co. (NYSE: WAG) and Option Care, Inc. (NASDAQ: OPTN) announced a definitive agreement in which Walgreens will acquire Option Care in a cash transaction for $19.50 per share. With the assumption of some debt, the transaction has a total enterprise value of approximately $850 million.
The acquisition will create national access to Walgreens specialty pharmacy and home infusion services for patients and payors.
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