Target (TGT) Enters Purchase Agreement with CVS Health; Piper Jaffray Reiterates Overweight
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June 15, 2015 7:00 AM EDT
WOONSOCKET, R.I. and MINNEAPOLIS, June 15, 2015 /PRNewswire/ --Â CVS Health Corporation (NYSE: CVS) and Target Corporation (NYSE: TGT) announced today that they have entered into a definitive agreement for CVS Health to acquire Target's pharmacy and clinic businesses for approximately $1.9 billion. Through this agreement, CVS Health will acquire Target's more than 1,660 pharmacies across 47 states and operate them through a store-within-a-store format, branded as CVS/pharmacy. In addition, a CVS/pharmacy will be included in all new Target stores that offer pharmacy services. Target's nearly... More
June 12, 2015 3:00 PM EDT
MINNEAPOLIS--(BUSINESS WIRE)--
Target Corporation (NYSE: TGT) today announced voting results from its
2015 Annual Meeting of Shareholders. Shareholders elected 10 members of
the board of directors, ratified the appointment of Targets independent
registered public accounting firm, approved the Say on Pay management
proposal, approved the Amended and Restated Target Corporation 2011
Long-Term Incentive Plan and rejected two shareholder proposals.
The Carideo Group, the independent Inspector of Elections, has certified
all voting results for the Annual Meeting, held June 10. The final... More
