Walgreens Finally Goes Private – Merger Arbitrage Mondays

Walgreens Boots Alliance, Inc. (WBA): $11.39

Market Cap: $9.84 B

Deal Size: $23.7 B

Walgreens Boots Alliance entered a merger agreement on March 6, 2025, to be taken private by Sycamore Partners in a deal valued at approximately $23.7 billion, bringing nearly a century of public trading for the U.S. pharmacy giant to a close.

Under the terms of the agreemen…