Walgreens Boots last trading day Wednesday with sale to Sycamore

Published 2 months ago Positive
Walgreens Boots last trading day Wednesday with sale to Sycamore
Auto
[Walgreens Pharmacy]
Neal McNeil

Walgreens Boots' (NASDAQ:WBA [https://seekingalpha.com/symbol/WBA]) last trading day will be Wednesday with its sale to Sycamore Partners.

The shares will be halted Wednesday after the after-hours session, according to a Nasdaq delisting [https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2025-463]notice on Monday. The stock will remain halted on Thursday and be suspended on Friday.

Walgreens (NASDAQ:WBA [https://seekingalpha.com/symbol/WBA]) holders approved the sale [https://seekingalpha.com/news/4466875-walgreens-shareholders-approve-sycamores-deal-proposal]to private equity firm Sycamore last month. Sycamore agreed to pay $11.45 a share f [https://seekingalpha.com/news/4418339-walgreens-jumps-as-sycamore-agrees-to-11_45-a-share-deal]or Walgreens Boots in March. Shareholders may get another $3 at some point from the proceeds from selling the company's primary-care assets, including VillageMD businesses.

MORE ON WALGREENS BOOTS ALLIANCE

* Walgreens Boots Alliance: Merger Arbitrage Opportunity [https://seekingalpha.com/article/4805298-walgreens-boots-alliance-merger-arbitrage-opportunity]
* Walgreens Boots Alliance Q3 Earnings Preview: Going Private Better Than Going Bankrupt [https://seekingalpha.com/article/4796534-walgreens-boots-alliance-q3-earnings-preview-going-private-better-bankrupt]
* Walgreens Boots Alliance: Voting 'For' Is The Best Remaining Option [https://seekingalpha.com/article/4794812-walgreens-boots-alliance-voting-for-is-the-best-remaining-option]
* Walgreens shareholders approve Sycamore's deal proposal [https://seekingalpha.com/news/4466875-walgreens-shareholders-approve-sycamores-deal-proposal]
* Walgreens Boots Alliance Non-GAAP EPS of $0.38 beats by $0.04, revenue of $38.99B beats by $2.27B [https://seekingalpha.com/news/4462654-walgreens-boots-alliance-non-gaap-eps-of-0_38-beats-by-0_04-revenue-of-38_99b-beats-by-2_27b]