Walgreens

Walgreens' outsized role in the opioid epidemic

A Walgreens storefront
Photo: Joe Raedle/Getty Images

Walgreens handled nearly one in five oxycodone and hydrocodone pills that were shipped to pharmacies between 2006 and 2012, as the opioid epidemic worsened, the Washington Post reports.

Between the lines: Walgreens is one of the companies being sued by thousands of communities across the country in federal court.

Walgreens Boots acquisition could be complicated, but size doesn't matter

The Walgreens symbol.
Photo: Joe Raedle/Getty Images

"It would be very, very hard to make the math work." That was my gut reaction after seeing news that Walgreens Boots was in reported talks to be acquired by private equity, in what would be the largest leveraged buyout in history.

Driving the news: I wasn't alone. Blackstone Group CEO Steve Schwarzman said at a Reuters event that it's a "huge stretch doing things over $50 billion," and a Walgreens Boots deal would be closer to $70 billion (not even including assumed debt).