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View Diary: Walgreens Backtracks (6 comments)

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  •  Public reaction definitely played a part (1+ / 0-)
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    From New York magazine's online reporting:

    Walgreen said that it extensively evaluated doing an inversion, including the financial benefits and the public reaction, given the company’s “unique role as an iconic American consumer retail company with a major portion of its revenues derived from government-funded reimbursement programs.”
    (emphasis mine)

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