Walgreens Completes Purchase of I-trax
Deerfield, Ill. Walgreens has announced that Putter Acquisition Sub, its wholly owned subsidiary, has successfully completed its tender offers for all of the outstanding shares of common stock and preferred stock of I-trax. In mid-March, Walgreens announced it would acquire I-trax, parent company of CHD Meridian Healthcare, LLC, a provider of integrated workplace health and productivity management solutions with clients and locations across the country.
"We are very pleased to have successfully completed the tender offer and to be moving forward to extend our ‘Main and Main’ strategy to include health and wellness services at the worksite," said Walgreens chairman and CEO Jeffrey Rein.