1031 EXCHANGE

With Takeover of Target's Pharmacies, CVS Gains 5 Years of Growth in One Deal

$1.9 Billion Acquisition Will Reprioritize CVS Health’s Real Estate Expansion Plans. CVS Health Corp. reached a deal this week to acquire Target Corp.'s pharmacy and clinic businesses for $1.89 billion. Through this agreement, Rhode Island-based CVS will acquire Target's more than 1,660 pharmacies across 47 states and operate them under a store-within-a-store format, branded as CVS/pharmacy. 

For the full story via CoStar: Click here

 

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