Walgreen Buys Drugstore.com for Twice Its Market Value

After years of trying to expand its online presence through organic growth, giant drug store chain Walgreen has decided to buy a bigger Web footprint, acquiring drugstore.com, the country’s eighth-largest e-tailer — and it’s paying a premium price.

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Walgreen Buys Drugstore.com for Twice Its Market Value originally appeared on DailyFinance on Thu, 24 Mar 2011 15:20:00.

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