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Reuters: Walgreen offers to buy Longs for $3 bln including debt

Started by chris, September 13, 2008, 04:00:26 AM

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chris

Walgreen offers to buy Longs for $3 bln including debt
      


NEW YORK (Reuters) - Walgreen Co  said on Friday that it offered to buy Longs Drug Stores Corp  for $75 per share in cash, or $3 billion including debt, countering an offer from rival CVS Caremark  that had been spurned by top investors.
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