$6.7 was a month ago and before ESRX new deal. Add to the deal recent dividend to 84 million shares and price appreciation from $31+ to current price multiplied by 84 million shares.
By the way, if WAG knew that it has to make up with ESRX then why it went thru a deal with Boots to give Boots share around $31??????? That is really out of any logic since it was not in favor of WAG shareholders at all.
It attempted to supplement its lost Express Scripts business by buying a 45% stake in Swiss Alliance Boots with an eye on expanding international sales. The deal, though, was derided by analysts, who questioned Walgreen’s ability to smartly control the situation.
“U.S. drug retailers have not historically acquired international companies, and Walgreen’s integration experience, especially on this scale, is limited,” Citi analyst Deborah Weinswig said at the time. “While the transaction creates some global opportunities, we believe it does not resolve Walgreen’s issues in the U.S.”