June 15th, 2015

CVS Buys Target’s Pharmacy Business for $1.9 Billion

Target logo

Breaking news! CVS’s health business, CVS Health is reportedly buying Target’s pharmacy business for $1.9 billion dollars. This will include more than 1,660 pharmacies across 47 states and completed by 2017. CVS will pay $20 million to $25 million in annual rent to Target for the pharmacy and clinic space. For more details, go here!

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