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Sycamore Partners is in talks to acquire struggling drugstore chain Walgreens Boots Alliance Inc., according to people familiar with the matter.
The New York-based private equity firm has been having ongoing discussions about a deal to take Walgreens private, said the people, who asked to not be identified because the details aren’t public. It’s possible discussions could fall through without a deal materializing, the people added.
The stock jumped as much as 28 percent on the news, which…
