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US Senator Warren says Walgreens buyout by PE firm may spur pharmacy closures, lost jobs

( April 29, 2025, 19:21 GMT | Official Statement) -- MLex Summary: US Senator Elizabeth Warren wrote to private equity firm Sycamore Partners regarding concerns that the firm’s proposed acquisition of retail pharmacy chain Walgreens may result in the loss of jobs for Massachusetts residents and create difficulties for patients who need access to lifesaving medications. “My primary concern is that Sycamore’s acquisition of Walgreens may lead to restructuring of the company that results in layoffs and pharmacy closures in the Commonwealth,” said Senator Warren. See full statement....

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