CVS to buy Target pharmacies for $1.9B

CVS to buy Target pharmacies for $1.9B

Target Corp. said Monday it has agreed to sell its pharmacy business to CVS Health, which would rebrand and operate Target’s 1,660 in-store pharmacies under the CVS/pharmacy banner.

CVS, Woonsocket, R.I., will pay Target approximately $1.9 billion for the pharmacies and 80 in-store clinics to be rebranded under CVS’s MinuteClinic banner. CVS said it expected to offe

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