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Too many founders build their buyer lists around familiar names. Expanding the search beyond industry peers can lead to stronger valuations, better terms, and more competitive sale processes.
Walgreens Boots, led by CEO Stefano Pessina, has been reviewing a potential deal with a financial adviser to take the company private amid buyout interest.
Rite Aid Corp. shares sank after the drugstore operator’s proposed merger with Albertsons Cos. was called off, leaving the company with dwindling options amid a rapid transformation of the pharmacy business.