This deal is centered around shares of Walgreens Boots Alliance Inc. (NASDAQ: WBA), a company that has faced difficulties in recent quarters due to the decline of its business model as a brick-and-mortar shop, not adjusting to some of the online sales model or even on-site ancillary services such as its competitor CVS Health Co. (NYSE: CVS) had done as soon as headwinds started to come.
However, not all hope is lost in Walgreens as these private equity buyers do see some potential for it to unlock a higher valuation and thus drive up returns for whoever owns the stock or the company as a whole. Investors now get a chance to step behind the curtains of corporate dealings with Walgreens’ latest quarterly earnings report, one that might push the envelope for a double-digit percentage upside by the time the buyout bid is announced.
