Walgreen Inks 10-Year Partnership Deal With Amerisource

Law360, New York (March 19, 2013, 3:38 PM EDT) -- Drugstore giant Walgreen Co. will scoop up as much as 23 percent of AmerisourceBergen Corp.'s shares as part of a broad-reaching, 10-year distribution agreement that the pharmaceutical wholesaler estimated Tuesday would add $28 billion to its revenues.

In the deal, Walgreen and its partly owned strategic partner Alliance Boots GmbH will split the rights to buy 7 percent of Amerisource's stock, plus warrants for another 16 percent. If they use up all their rights in the deal, Walgreen and Alliance Boots will be among the largest...
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