CVS to buy Target's pharmacy, clinic businesses for $1.9 bln

CVS coming to a Target near you

Drugstore operator CVS Health said it will acquire Target's pharmacy and clinic businesses for about $1.9 billion.

CVS will acquire more than 1,660 Target pharmacies across 47 states in the United States and operate them through a store-within-a-store format, the companies said in a statement.