Walgreen Puts PBM on Block: Report

DEERFIELD, ILL. — Walgreen Co. reportedly is selling its pharmacy benefit management unit and began taking bids last week, according to a Bloomberg news report.

DEERFIELD, Ill. — Walgreen Co. reportedly is selling its pharmacy benefit management unit and began taking bids last week, according to a Bloomberg news report.

Media sources say the sale could produce anywhere from $300 million to $1 billion depending upon what assets are included.

Interested parties are said to include the three largest PBMs — Medco Health Solutions, Express Scripts and CVS Caremark Corp.

PBMs are under pricing and reimbursement pressures. Wal

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