Walgreen buying ny chain Duane Reade for $1.1 billion
National drug-store chain Walgreen said Wednesday it would buy New York City-based chain Duane Reade for $1.1 billion, giving Walgreen a large presence in the lucrative New York market.
Walgreen, the US drugstore chain, is buying Drugstore.com in a $409m deal that will expand its online retail presence.