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The Walgreen/CVS Battle Over Longs


It's been hard not to get focused on the saga on Wall Street. But there is other news going on in the industry.

On Friday, Walgreen launched a surprise counteroffer for Longs Drugs, which CVS had previously agreed to acquire.

Now, Longs has rejected the offer from Walgreen and continues to recommend the CVS bid to its shareholders.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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