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.
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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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