Walgreens Selling to Private Equity

[projektreverb]

https://www.wsj.com/business/deals/walgreens-sycamore-partners-private-equity-deal-5d14c920M

Looks like the end might be near for Walgreens. We all know private equity likes to gut everything they touch.

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[Pronounce Doxazosin]

If this goes through, WAG (and retail pharmacy as a whole) is going to be in a rough shape

 

[projektreverb]

If this goes through, WAG (and retail pharmacy as a whole) is going to be in a rough shape

Right. Private equity likes to sell of the profitable parts of companies and let the remaining die off