CVS sells 96 drug store properties

WOONSOCKET — CVS, Inc. has sold 96 drugstore properties to Wolverine Equities, Inc., an investment fund affiliated with Roger Staubach, the college and professional football hall of famer. The Staubach Co. is based in Dallas, Texas. The sale of the CVS properties was for $288 million in cash, Bloomberg News reported. Most of the stores are located in the East, Bloomberg reported. CVS will retain control of the properties despite the sale.

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