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Weil Served as Antitrust Counsel to Walgreens Boots Alliance, Inc. in its Definitive Asset Purchase Agreement to Acquire Pharmacy Files and Related Pharmacy Inventory of 185 Fred’s Inc. Pharmacies

Weil served as antitrust counsel to Walgreens Boots Alliance, Inc., a leading retail pharmacy, health and daily living destination in the United States and Europe, in its acquisition of pharmacy files and related pharmacy inventory of 185 Fred’s Inc. pharmacies. The aggregate consideration paid by Walgreens to Fred’s was $177 million. The transaction closed on December 31, 2018.

Weil’s Antitrust team included global Head of Antitrust/Competition Steven Newborn, partner Steven Bernstein and counsel Vadim Brusser.