WAG Archives - St. James Investment Company

Walgreen Co. (WAG)

June 15, 2010

Walgreen announced last week that it will not participate in CVS Caremark’s retail pharmacy network for new and renewed pharmacy benefit management (PBM) contracts. In retaliation, CVS Caremark said that it will expel Walgreen from its retail pharmacy network within 30 days. In our opinion, both companies stand to lose from this dispute. CVS Caremark … Read more

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