Walgreens buying Raleigh-based Kerr drugstores


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Submitted: Tue, 09/10/2013 - 3:28pm
Updated: Tue, 09/10/2013 - 3:45pm By:

RALEIGH, NC (WTVD) — Walgreens announced Tuesday that it has entered into an agreement to buy Raleigh-based Kerr drugstores.

Financial terms of the deal were not released.

Walgreens will take over Kerr’s 76 retail drugstores and its specialty pharmacy business. The acquisition also includes a distribution center. Kerr Drug will retain ownership of its long-term care pharmacy business.

Click here to read more at ABC11.com

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