Walgreen higher with Alliance Boots takeover in the works

Walgreen (WAG +2.2%) moves higher after weekend reports indicate the company is considering buying Alliance Boots outright.

Hedge funds Och Ziff, Jana Partners, and Corvex have been pressing the company to maximize the Alliance Boots investment.

More in Walgreen-Alliance Boots: Synergies piling up, inversion plan on the table

From other sites
Comments (1)
  • Roady26.2
    , contributor
    Comments (412) | Send Message
    Last time Alliance Boots and WAG were mentioned in the same press release I was able to buy WAG at $30 a share. This time the market reacts by pushing WAG up. No more fear of overpaying for Boots, Euro worries, or Express Scripts contract.
    19 May 2014, 06:28 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs