Fred’s reports $68 million payment in deal with Walgreens

By Patrick Lantrip, Daily Memphian Updated: November 28, 2018 4:00 PM CT | Published: November 28, 2018 2:36 PM CT

Walgreen Co. has paid rival pharmaceutical chain Fred’s Inc. $68 million as part of a larger agreement between the companies, according to a release Wednesday, Nov. 28.

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Fred's Inc. Walgreens

Patrick Lantrip

Patrick Lantrip is an award-winning writer, photographer and videographer based in Memphis, Tennessee. When not exploring the outdoors, Patrick enjoys spending time with his daughter, Anna.

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Fred’s reports $68 million payment in deal with Walgreens

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Patrick Lantrip

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