CVS Health Says It Is Selling All 22 of Its Retail Drugstores in Puerto Rico

Published on February 5, 2024

SAN JUAN, Puerto Rico—CVS Health said Monday that it has reached an agreement to sell its retail drugstores in Puerto Rico to Caribe Pharmacy Holdings. In an email to The Associated Press, CVS Health said the deal involving 22 of its pharmacies would be completed in April and that the buyer plans to continue all operations and retain all employees. A spokeswoman said the company is not releasing financial details of the transaction. The purchaser, Caribe Pharmacy Holdings, owns Farmacias Caridad. The company said its decision to leave the U.S. territory “was based on multiple factors, including local market dynamics and population shifts.”...

Continue reading on website
Other news

NYC Mayor Responds to 50 Cent’s Criticism of Illegal Immigrant Food Cards: ‘He May Write a Song About Me.’

February 5, 2024
New York Mayor Eric Adams on Monday tried to defend his city’s latest $53 million aid program, which will result in hundreds of illegal immigrant families receiving more money for food than low-income citizens.Monday’s press conference came after news of the pilot program triggered much criticism for the mayor, with rapper 50 Cent taking to social media to ridicule the plan.“WTF mayor Adams call m

NYPD Busts Illegal Immigrant Moped Robbery Ring

February 5, 2024
The NYPD and Mayor Eric Adams announced on Monday arrests involving a ring of thieves who have been snatching cell phones and wallets from victims throughout the city in recent months.According to the NYPD, alleged ring leader Victor Parra would use social media to communicate with illegal immigrants who would then drive stolen mopeds to commit the crimes. While some arrests were made, some of the