The nationwide drugstore chain must pay the government at least $300 million and will owe another $50 million if the company is sold, merged, or transferred before 2032, according to the settlement.
Walgreens
Posted inNPR
Walgreens agrees to be acquired by private equity firm for almost $10 billion
A buyout to take the drugstore chain private would give it more flexibility to make changes to improve its business without worrying about Wall Street’s reaction.
Posted inNPR
CVS and Walgreens are ailing. Here’s why
America’s biggest pharmacy chains are closing hundreds of stores, laying off thousands of workers and rethinking their role in our lives.
Posted inBusiness, Health, Local, Stories
CVS, Walmart and Walgreens to pay Rhode Island more than $56 million in opioid settlements
Three national drugstore chains will pay Rhode Island more than $56 million as part of the state’s final round of legal settlements with companies accused of flooding communities with addictive opioid painkillers. The settlement money from CVS, Walmart and Walgreens is expected to begin flowing into Rhode Island in early 2024, and continue through 2037, […]
Posted inArticle, Health
R.I. nursing home staff in a coronavirus hotspot reluctant to get COVID-19 vaccine
Elmwood is the type of place you might expect people would be lining up to get vaccinated against the coronavirus. But the nursing home’s operators say that only one-in-four of Elmwood’s staff has taken the shot.
