Longs Drug Stores has agreed to be acquired by CVS Caremark Corp.
CVS has over 6,000 stores nationwide and will acquire 521 Longs drugstore locations scattered across California, Hawaii, Arizona and Nevada. The deal will cost CVS approximately $2.9 billion.
Shares of Longs closed today at $54.04, but CVS offered to purchase the California based drug store […]
Where talk is money.
Written by Tisa Silver [email] for b5media.
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