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Target sells its pharmacy and clinic business to CVS Health.
June 15, 2015
By: Christine Esposito
Editor-in-Chief
The typical shopping trip to Target for milk, laundry detergent, mascara, birthday cards and your kid’s Amoxicillin prescription (and maybe a cute new area rug or pair of sandals) is about the change. CVS Health Corporation and Target Corporation have entered into a definitive agreement for CVS Health to acquire Target's pharmacy and clinic businesses for approximately $1.9 billion. Through this agreement, CVS Health will acquire Target's more than 1,660 pharmacies across 47 states a...
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