Walgreens to Buy Duane Reade, Retain Name

Drug store giant Walgreen Co. said it has agreed to buy Duane Reade, the iconic New York City banner, for $1.075 billion, including assumption of debt.

DEERFIELD, Ill. — Drug store giant Walgreen Co. said Wednesday it has agreed to buy Duane Reade, the iconic New York City banner, for $1.075 billion, including assumption of debt.

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