Walgreens Acquires 45% Stake in Alliance Boots

6:14 AM ET Tue, 19 June 2012

"We are going to be the largest buyer of prescription drugs," says Gregory Wasson, Walgreen CEO, with Stefano Pessina, Alliance Boots executive chairman, discussing Walgreen's $6.7 billion deal to buy a 45 percent stake in Alliance Boots with an option to buy the rest of the company.