Walgreen Online Acquisition

Walgreen Co. completed its acquisition of drugstore.com in a deal worth about $409 million. The transaction includes all websites directly owned and operated by drugstore.com, as well as its corporate, customer service, and distribution center operations. The acquisition provided Walgreen access to more than 3 million online customers and added approximately 60,000 products to the company's online offering, according to Walgreen President and CEO Greg Wasson.