business news in context, analysis with attitude

Walgreen Co. announced yesterday that it is acquiring Happy Harry’s, the privately owned drugstore chain with 76 stores in Delaware, Pennsylvania, Maryland and New Jersey. The company plans to keep the Happy Harry’s name in most markets.

Terms of the deal were not disclosed. The sale is slated to close later this summer, pending regulatory approvals.
KC's View:
So, CVS buys Albertsons’ stand-alone drug stores. Walgreen buys Happy Harry’s.

Wonder which one is better positioned?