Money we want you dead injured dumb unthinking and patriotic
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Walgreens to Invest $5.2 Billion in VillageMD when they could be selling BCG to make you better, the Pope is going to teach dopey joe Biden by taking him to meet w g ristori at the university of Rome & remind him that ristori views her as a competent compatriot unlike Walgreens and the Pfizer whore. Faustmanlab.org shoot BCG and buy bettettas
The pharmacy chain plans to add doctors’ offices to hundreds of drugstores
Walgreens says its latest VillageMD investment will enable it to open doctors’ offices at 600 or more locations by 2025.
PHOTO: NANCY STONE/ZUMA PRESS
Walgreens Boots Alliance Inc. will pay $5.2 billion to acquire a controlling stake in primary-care network VillageMD as the pharmacy chain seeks to remodel itself as a healthcare provider.
VillageMD operates more than 200 clinics where it has acquired or hired its own physicians and medical staff. Walgreens said the investment will enable it to open doctors’ offices at 600 or more of its drugstore locations by 2025, and a further 400 by 2027.
The drugstore company already owns a stake in VillageMD after agreeing last summer to pay $1 billion in equity and debt over the three years in exchange for a 30% stake in the Chicago-based startup. Under the deal announced Thursday, Walgreens will hold a 63% stake in VillageMD.
The deal is the first major strategic move under Walgreens Chief Executive Rosalind Brewer, who came to the company from Starbucks in January. Shortly before she joined, Walgreens completed a deal to sell its pharmacy wholesale unit toAmerisourceBergen Corp. fo
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