$WAG To Acquire a Piece of $ABC

“DEERFIELD, Ill. (AP) — Walgreen is expanding its supply agreement with AmerisourceBergenthrough a 10-year deal that gives the nation’s largest drugstore chain an ownership stake in thepharmaceutical wholesaler.

Walgreen Co. says AmerisourceBergen Corp. will replace primarily Cardinal Health Inc. in supplying it with pharmaceuticals. Previously, AmerisourceBergen had supplied only some specialty drugs for Walgreen, which operates more than 8,000 drugstores….”

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$WAG’s Earnings rise 11%