Amazon swooped in to buy PillPack for around $1 billion after Walmart dragged its feet

Sources say that PillPack and Walmart were in talks for months about an acquisition for less than $1 billion, but Walmart was dragging its feet on making a final offer.

DJIA 24,215.17 +0.40% +97.58 S&P 500 2,716.38 +0.62% +16.75 NASDAQ 7,503.68 +0.79% +58.60 MOST ACTIVE DOW NAME LAST CHG % CHG WBA 59.70 -6.56 -9.90% INTC 49.25 +0.49 1.00% MSFT 98.63 +1.09 1.12% S&P 500 NAME LAST CHG % CHG BAC 28.69 +0.45 1.58% GE 13.83 -0.13 -0.93% AMD 15.31 +0.34 2.27% NASDAQ NAME LAST CHG % CHG WBA 59.70 -6.56 -9.90% SIRI 6.82 +0.17 2.56% MU 53.14 +0.88 1.68% Quotes as of 6/28/2018 4:06:50 PM ET TOP NEWS Amazon swooped in to buy PillPack for around $1 billion after lead buyer Walmart dragged its feet Global stocks see biggest loss of investor cash since the financial crisis Amazon reveals a plan to deliver more packages: Recruit people to run small-scale delivery services Sen. Jeff Flake says his threat to block judges won't affect Trump's Supreme Court nominee Here's a list of products affected by tariffs so far, including nails and whiskey Walgreens, CVS and Rite-Aid lose $11 billion in value after Amazon buys online pharmacy PillPack Chipotle shares drop by 9% after company refuses to release financial targets Google Cloud CEO Diane Greene says she 'wouldn't have minded' buying GitHub Facebook and Twitter announce more ways to check ads as November election looms The Red Hen restaurant that refused to serve Sarah Sanders was hit by a cyberattack Buy MSG shares because a spinoff will unlock the value of New York Knicks: Jefferies TOP VIDEO Canopy Growth CEO on legal marijuana business Bruce Linton, Canopy Growth Corporation CEO, discusses the cannabis industry and how the Canadian company is profiting from legal marijuana. SPECIAL REPORTS Why China is spending billions to develop an army of robots to turbocharge its economy Trump attack on Amazon 'scam' is dividing wealthy Democrats and Republicans: CNBC survey reveals Feedback We value your input—use our simple form to let us know what you think. Click here for Real-Time data and top stories on your desktop or mobile device. Send this email to a friend Unsubscribe Advertise More Newsletters Digital Products © 2018 CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632

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