Walgreens shares jump on report of formal offer to go private from KKR

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Walgreens shares jump on report of formal offer to go private from KKR
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Walgreens has been weighing whether to take the company private in what would be the largest leveraged buyout in history, people familiar with the situation told CNBC.

jumped by about 6% in premarket trading Monday after Bloomberg reported that private equity firm KKR has formally made an offer to buy the international pharmacy giant, citing people familiar with the matter.

Walgreens has been weighing whether to take the company private in what would be the largest leveraged buyout in history,

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