VillageMD, Backed by Walgreens, Buys Summit Health in $8.9 Billion Deal |  BenefitsPRO

VillageMD, Backed by Walgreens, Buys Summit Health in $8.9 Billion Deal | BenefitsPRO

(Photo: Ken Wolter/Shutterstock) VillageMD, the primary care provider controlled by Walgreens Boots Alliance Inc., has agreed to acquire Summit Health-CityMD in an $8.9 billion deal that shows the pharmacy operator is growing further in healthcare services to reduce its reliance on retail. Walgreens, which has a 63% stake in VillageMD, said it would invest $3.5 …

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