Send to a Friend Share

Walgreen (WAG) To Acquire Option Care (OPTN) for $19.50/Share

July 2, 2007 11:02 AM EDT
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.

You May Also Be Interested In


Related Categories

Hot List, Mergers and Acquisitions

Add Your Comment





Follow StreetInsider.com On Twitter