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VisitWill Walgreens remain a publicly traded company by June 30, 2025?
Yes • 50%
No • 50%
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Walgreens Shares Surge Over 26% as It Enters Advanced Talks to Go Private with Sycamore Partners
Dec 10, 2024, 05:41 PM
Walgreens Boots Alliance Inc. is reportedly in advanced talks to sell itself to private equity firm Sycamore Partners, a deal that would take the pharmacy chain off the public market and could close early next year. The news caused Walgreens shares to surge over 26% before trading was halted due to volatility. Once a component of the Dow Jones Industrial Average and valued at over $100 billion in 2015, Walgreens now has a market capitalization of under $8 billion. The discussions indicate a significant shift for one of America's largest pharmacy chains amid ongoing industry challenges.
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Other Outcome • 25%
Remains Public • 25%
Goes Private • 25%
Merged with Another Company • 25%
Other Outcome • 25%
Completed Sale • 25%
Talks Abandoned • 25%
Ongoing Negotiations • 25%
$40 to $50 • 25%
Above $50 • 25%
Below $30 • 25%
$30 to $40 • 25%
Yes • 50%
No • 50%
Sale completed • 33%
Negotiations extended • 34%
Negotiations fail • 33%
Other strategic focus • 25%
Expansion of retail locations • 25%
Focus on digital transformation • 25%
Cost-cutting measures • 25%