Longs shareholders have until tomorrow to vote on CVS offer
Advertiser Staff
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CVS Caremark Corp. is reminding stockholders of Longs Drug Stores Corp. that its tender offer for the company will expire at 6 p.m. Hawai'i time tomorrow.
The company is offering $71.50 a share for Longs, a Walnut Creek, Calif.-based company that is the biggest drugstore chain in the state of Hawai'i.
CVS wants to takeover Longs in a $2.7 billion purchase. Longs operates more than 500 drugstores in the Western U.S.
