|Bid||97.21 x 200|
|Ask||97.30 x 200|
|Day's Range||96.67 - 98.05|
|52 Week Range||71.90 - 106.27|
|PE Ratio (TTM)||21.93|
|Earnings Date||May 2, 2018 - May 7, 2018|
|Forward Dividend & Yield||1.52 (1.54%)|
|1y Target Est||105.79|
A combination of Walgreens and drug distributor AmerisourceBergen would be fraught with valuation and operational challenges, says Morningstar's Vishnu Lekraj.
NEW YORK, NY / ACCESSWIRE / February 21, 2018 / Levi & Korsinsky announces it has commenced an investigation of AmerisourceBergen Corporation (NYSE: ABC) concerning possible violations of federal securities ...
Shares of AmerisourceBergen soared Tuesday on reports that Walgreens is pursuing a complete takeover of the huge drug distributor. The Wall Street Journal reported late Monday that Walgreens Boots Alliance ...
Could Walgreens Be Ready for Another Acquisition? Is Walgreens looking to acquire AmerisourceBergen? According to a recent report by The Wall Street Journal, Walgreens Boots Alliance (WBA) is reportedly in talks with AmerisourceBergen (ABC) to purchase the rest of the company. The February 12 report stated that “representatives of Walgreens Chief Executive Stefano Pessina reached out several weeks ago to representatives of Amerisource CEO Steven Collis, according to people familiar with the matter.
Retail pharmacy chain operator Walgreens Boots Alliance Inc. is considering making a bid to acquire Pennsylvania-based wholesale pharmaceutical distributor AmerisourceBergen, according to reports. AmerisourceBergen and Walgreens are already business partners through a $400 billion, 10-year distribution deal first signed in 2013. Walgreens has exercised its options and currently owns a 26 percent equity stake in AmerisourceBergen.
AmerisourceBergen (ABC), which is an American drug wholesale company, was among the S&P 500’s best performers on Tuesday. After declining for two consecutive trading weeks to eight-week low price levels, AmerisourceBergen started this week on a stable note. On Tuesday, AmerisourceBergen opened the day higher and closed the day at a ten-day high daily close.
Walgreens is unlikely to buy a health insurance company if it buys the 74% of distributor AmerisourceBergen Corp. that the drugstore giant doesn't already own.
Call them sons of activists. As the founding generation of hedge fund activists age, more and more of their former protégés are striking out on their own. While some, like Keith Meister , have already ...
The 76-year-old Stefano Pessina started by turning a local family drug distributor into the multibillion-dollar European powerhouse Alliance Boots.
A possible Walgreens buy of AmerisourceBergen as well as the latest Amazon rumor threaten to upend drug and medical supplies distribution.
Shares of health-care distributors fell Tuesday on news the sector could experience more consolidation and heightened competition from retail giant Amazon.com Inc.
The number of lawsuits has climbed past 350 from government entities suing Cardinal Health Inc., other health-care distributors and pharmaceutical manufacturers over the cost of battling the opioid addiction crisis. Settlement talks are ongoing for about 300 of those filed in federal instead of state courts. The cases have been consolidated before U.S. District Judge Dan Polster in Cleveland.
Walgreens Boots Alliance is reportedly in talks to acquire the portion of major drug distributor AmerisourceBergen it doesn't already own.
A deal would not be a surprise, but analysts noted that it might cost Walgreens Boots Alliance opportunities down the line as the company tries to keep pace with rival CVS Health Corp, which is set to buy health insurer Aetna Inc, and possibly go up against Amazon.com. AmerisourceBergen shares were up 8.7 percent in midday trading, while Walgreens shares were little changed.