New York CNN —
Walgreens has been attempting a financial turnaround for years, and now it says it’s found a new path to finish it. But if history is any guide, its path is more likely to lead to its eventual demise than long-term success.
Walgreens Boots Alliance, which owns drugstores in both the United States as well as the United Kingdom, Ireland, Mexico and Thailand, announced last week that it would be ending a century as a publicly traded company, and would be sold to Sycamore Partners, a private equity firm.
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