Walgreens Betting Big On Bricks and Mortar, Buying USA Drug Pharmacy Chain for $438M

Already the largest pharmacy chain in the U.S., Walgreen Co. today announced a deal to buy a 144-store pharmacy chain from privately held Stephen L. LaFrance Holdings, and members of the LaFrance family, for approximately $ 438 million. The stores are located across seven states, the
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Big Bet On Bricks and Mortar: Westfield Deal Seen Raising Value of U.S. Mall REITs

The Westfield Group has formed a $ 4.8 billion joint venture on 12 regional shopping malls in the United States with the Canada Pension Plan Investment Board (CPPIB.) The deal is the largest real estate investment made by the institutional investor, and a big bet on the future health
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