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Will Walgreens Boots Alliance (NASDAQ: WBA) soon divest one of its name business units?
That might be in the cards, according to a media report published Monday morning. On that possibility, investors loaded up on shares of the sprawling pharmacy-chain operator, sending its stock up more than 5% in price.
That report was published before market hours in Bloomberg and stated that Walgreens is moving to engage with potential buyers of its U.K. pharmacy Boots.