CVS Health buying more than 1,660 pharmacies from Target

"CVS Health Corp. said it was spending about $1.9 billion to buy Target Corp.’s health and clinic businesses, expanding the drugstore chain’s reach as the baby boomer generation continues to age.

The Woonsocket, R.I., company is acquiring more than 1,660 pharmacies at Target stores in 47 states. CVS Health plans to continue operating the pharmacies inside Target stores and will open branded pharmacies at new Target stores offering those services."

Read more at The Los Angeles Times.