What Happened? Shares of pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA) jumped 8.1% in the afternoon session after The Wall Street Journal reported the company was close to sealing a deal with private equity firm Sycamore Partners to go private.

Since the start of 2025, WBA is up 17.8%, cutting into its now 46.6% year-over-year deficit. The stock's record high of $97.30 was nearly 10 years ago, and the shares have finished with annual losses for the past three years.

A share price of between $11.30 and $11.40 has been discussed and a deal could be reached as soon as Thursday, a media report says

Walgreens Boots Alliance Inc. (NASDAQ: WBA) is reportedly close to a $10 billion buyout deal with private equity firm Sycamore Partners, according to The Wall Street Journal. The deal, which could be finalized by Thursday,