By  on August 6, 2014

Shares of Walgreen Co. fell 14.3 percent Wednesday as investors were disappointed that the retailer will remain based in the U.S. following its $5.29 billion acquisition of the remainder of Alliance Boots GmbH, a move that also had the company lowering guidance for fiscal year 2016.

Walgreen shares on Wednesday closed at $59.21 in trading on the New York Stock Exchange.

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