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Walgreens’ plan to go private more nightmare than dream

Crain's Chicago Business 11/07/2019

There doesn’t appear to be much appetite among private equity firms to financially support a plan by Walgreens CEO Stefano Pessina to take the company private. The deal would likely saddle the drugstore giant with $55 billion in debt that would cut into the company’s cash reserves and make it less nimble in addressing changing market conditions.

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