Walgreens (NYSE:WAG) (NASDAQ:WAG) has announced that it will acquire three El Amal pharmacies in Puerto Rico. The pharmacies are in the Rio Grande Shopping Center, Salinas Shopping Center, and Plaza Las Americas. The transition is anticipated to reach completion by the end of February.
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Walgreens has also agreed to purchase prescription files associated with eleven El Amal pharmacies. Patients in the pharmacies will receive notices notifying them of he change. The patients will have immediate access to their prescription histories at any of the Walgreens stores on the Island.
Walgreen Co. (Walgreens) is engaged in retail drugstore business. As of August 31, 2009, the Company operated 7,496 locations in 50 states, the District of Columbia, Puerto Rico and Guam. During the fiscal year ended August 30, 2009 (fiscal 2009), the Company opened or acquired 691 locations. Total locations do not include 337 convenient care clinics operated by Take Care Health Systems, Inc. within the Company’s drugstores. The Company’s drugstores are engaged in the retail sale of prescription and non-prescription drugs and general merchandise. General merchandise includes, among other things, household items, personal care, convenience foods, beauty care, photofinishing, candy, and seasonal items. Walgreens offers customers the choice to have prescriptions filled at the drugstore counter, as well as through the mail, by telephone and through the Internet.
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