Walgreen along with Alliance Boots GmbH announced a 10-year distribution agreement with AmerisourceBergen (ABC) beginning September 1.
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AmerisourceBergen Corp. shares are currently trading up about 1.3% on the day.
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Trying to put more distance between AmerisourceBergen and rivals Cardinal Health (number two) and McKesson (number three), which have boosted margins by diversifying into medical devices and software.