Kal Raman has quietly stepped down as CEO of GlobalScholar, the company he founded in 2006 and sold to Scantron last year, GeekWire has learned. Raman, the former CEO of drugstore.com, remains a consultant to the company, according to a Scantron spokeswoman. It is unclear what Raman plans to do next, and he could not be… Read More…
Drugstore.com, the Bellevue online drugstore that survived the dot-com bust to become one of the leading online distributors of drugs, vitamins and beauty products, has agreed to be purchased by Walgreens for $429 million. The purchase price represents a whopping 102 percent premium over the company’s 30-day average closing stock price. “Our acquisition of drugstore.com… Read More…
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