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Old 07-15-2013, 08:09 AM   #1
Superflyer
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Join Date: May 2006
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Default Loblaw to buy Shoppers Drug Mart for $12.4B

Another big buy out, this one is interesting as well.

Quote:
Loblaw, Canada's largest supermarket chain, has agreed to buy Shoppers Drug Mart for $12.4 billion, the companies announced early Monday.

Toronto-based Loblaw will acquire all outstanding common shares in Shoppers, gaining some 1,200 drug stores in all provinces — many of them small locations in urban markets — in return for cash and Loblaw shares.

http://www.cbc.ca/news/canada/toront...-shoppers.html

Last edited by Superflyer; 07-15-2013 at 08:16 AM. Reason: Link to article might help
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