Walgreens’ plan to go private more nightmare than dream

November 8, 2019

There doesn’t appear to be much appetite among private equity firms to financially support a plan by Walgreens CEO Stefano Pessina to take the company private. The deal would likely saddle the drugstore giant with $55 billion in debt that would cut into the company’s cash reserves and make it less nimble in addressing changing market conditions.

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Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.