Tag: grim

A $1.3 Trillion Debt-Fueled Boom in Deals Faces a Grim New Reality

(Bloomberg) — When a Walgreens Boots Alliance Inc. affiliate bought Summit Health-CityMD around a year ago, the pharmacy group’s management hailed the deal as transformational for its push into primary health care. Most Read from Bloomberg Twelve months later, the $8.9 billion takeover has struggled to deliver cost synergies and Walgreens’s creditworthiness has just been […]