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Walgreens Boots Alliance (WBA) shares declined during Tuesday's trading session following a Department of Justice lawsuit alleging that the pharmacy chain knowingly dispensed millions of illegal drug prescriptions to customers, particularly related to opioids.
Catalysts co-hosts Madison Mills and Seana Smith break down the details, examining how this legal challenge could affect the pharmacy's proposed deal with Sycamore Partners that could bring the company private.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Angel Smith