Tag Archives: Duane Reade

Walgreens To Buy Duane Reade

Today Walgreens will announce its purchase of Duane Reade, the massive NYC-based drugstore chain with hundreds of outlets in the five boroughs. Walgreen, one of the nation’s biggest drugstore operators, said it would pay about $623 million for Duane Reade Holdings Inc. Including $457 million in debt held by Duane Reade, the transaction is valued at $1.08 billion. Duane Reade, …

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