Walgreen (WAG) volatility low; acquires a 45% stake in Alliance Boots for $6.7B in cash, stock.
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Walgreen (NYSE: WAG) is recently down $1.70 to $30.26 after acquiring a 45% stake in Alliance Boots for $6.7B in cash, stock. Citigroup has a $29 price target on the company. Overall option implied volatility of 26 is below its 26-week average of 28 according to Track Data.
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