News

Walgreen to face calls for bigger stock buyback: report

By Sun-Times Wire

Walgreen Co. will be pressured to boost a $3 billion share buyback now that activist hedge fund Jana Partners LLC struck a deal for a seat on the drugstore chain’s board, Bloomberg reports. Deerfield-based Walgreen disappointed some investors when it agreed to buy the rest of Alliance Boots but refused to move its headquarters to Europe in an effort to lower its tax burden.

Walgreen adds activist hedge fund founder to board

Walgreen shuns tax inversion

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Family of Frances Walker, including her brother, Arnold Waker, left, and her sister-in-law, Maggie Walker, right, speak to reporters after hearing the verdict of the Sandra Kolalou trial at the Leighton Criminal Courthouse, Monday, April 22, 2024. Kolalou was found guilty of murdering and dismembering Frances Walker in 2022. | Tyler Pasciak LaRiviere/Sun-TimesKOLALOUTRIAL-042324-5.jpg

Crime

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