Jim Cramer: What a Potentially Private Walgreens Means for CVS

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Walgreens Boots Alliance (WBA) - Get Report , the giant drugstore and healthcare chain, is looking into the prospect of going private, a deal that would be the largest leveraged buyout in history, reports said Tuesday.

People familiar with the matter told Reuters and Bloomberg that the Deerfield, Ill., chain has held informal talks with private-equity firms, wrote TheStreet's Rob Daniel.

The company couldn't immediately be reached for comment by TheStreet. Chief Executive Stefano Pessina is Walgreens' largest holder with about 16%, the reports said.

Jim Cramer weighed in on what the reports of a potentially private Walgreens would mean for CVS (CVS) - Get Report

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