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Weekly News Wire | March 31, 2008

Walgreen Creates Health-Care Division to Buy I-trax & Whole Health Management

OPEN MINDS On-Line News Strategic Health Care News On March 17, 2008, Walgreen Company announced plans to acquire I-trax Inc., parent of CHD Meridian Healthcare, and privately-held Whole Health Management as part of its creation of a Health and Wellness Division. The new division will manage health centers and pharmacies at large-company worksites and continue the rollout of its drugstore-clinic business. The I-trax deal is estimated at $259.7 million. Terms of the Whole Health Management deal were not disclosed. Both acquisitions are expected to close within 60 days. After the purchases are completed . . .

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