by Talk Business & Politics staff (staff2@talkbusiness.net)
Brookshire Grocery Co. (BGC) announced an agreement with Walgreens for the publicly-traded pharmacy chain to acquire 120 Brookshire pharmacies in Arkansas, Louisiana and Texas. Grocery store operations are not part of the transaction.
Financial terms of the Brookshire-Walgreens deal were not disclosed.
Walgreens will receive pharmacy customer prescription files and related pharmacy inventory. The vast majority of Brookshire locations are being converted to Walgreens pharmacies within existing grocery stores.
