Sycamore Partners has been speaking with private credit firms about debt financing for a potential deal, despite an earlier report that takeover talks had stalled.
Shares of Walgreens dove early Friday, a day after the drugstore chain said it was suspending its dividend, breaking a streak of quarterly shareholder payouts that stretches back more than 90 years.
S&P 500 rises amid mixed earnings from Apple, Intel, and energy giants. Trump's tariff threats and slowing GDP growth to 2.3% test market resilience amid Fed watch.