Walgreen to spend $6.7B on Alliance Boots stake

(AP Photo/Russel A. Daniels, file)

June 19, 2012 8:12:03 AM PDT
Walgreen Co. will pay $6.7 billion in cash and stock to buy a stake in European health and beauty retailer Alliance Boots in the first international venture for the largest U.S. drugstore chain.

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