Monday, 02 July 2007

Walgreen to buy Option Care for $850 million

(Reuters) - The announcement comes after Walgreen bought Take Care Health Systems, an operator of in-store health clinics, in May. It has also acquired Medmark Specialty Pharmacy Solutions, SeniorMed Pharmacy and Schraft's, a specialty pharmacy focused on fertility medications and services.




Shares of Option Care were up 3.9 percent to $19.26 in late morning trading after rising as high as $19.30 in heavy Nasdaq trading. Shares of Walgreen rose 16 cents to $43.70 on the New York Stock Exchange.


Read more at Reuters.com Bonds News

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