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drugstore.com, inc. (DSCM)

- NASDAQ
DSCM is defunct.
  • Mar. 25, 2011, 3:36 PM
    Drugstore.com (DSCM) has struggled to turn a profit, but Walgreen's (WAG) acquisition of the business adds 50% more customers to its already strong online presence. Building such scale likely would have cost Walgreen critical time as online sales of drugstore products surge. In the digital age, investors don't mind paying a premium for faster results.
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  • Mar. 24, 2011, 8:27 AM
    Walgreen (WAG) will buy Drugstore.com (DSCM) for $409M. The $3.80/share deal is a 112% premium to DSCM's closing price yesterday; Walgreen justifies the premium by saying the deal "will provide us immediate access to more than 3M savvy, online loyal customers." (PR)
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Company Description
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