Target Corporation (NYSE:TGT) has entered a strategic deal with CVS Health Corp (NYSE:CVS), selling its pharmacy and clinics' business to the latter for $1.9 billion. The big box retailer's 80 clinics and 1660 pharmacies, inside its outlets across the country, will now be acquired by the pharmacy retail chain in the billion dollar deal.
Target Corporation Sells Its Pharmacy And Clinic Business To CVS Health
Bidness etc. - 15 Jun 2015 18:56
Target Corporation (NYSE:TGT) has entered a strategic deal with CVS Health Corp (NYSE:CVS), selling its pharmacy and clinics' business to the latter for $1.9 billion. The big box retailer's 80 clinics and 1660 pharmacies, inside its outlets across the country, will now be acquired by the pharmacy retail chain in the billion dollar deal.
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