Four LaGrange Corley drugstores will merge with CVS by Memorial Day.
The merger was announced Thursday by Scott Burton, president of Southeastern Pharmaceuticals, Inc., the company that owns Corley Drugs.
“Southeastern Pharmaceuticals, Inc., has agreed to merge the four LaGrange Corley Drugs with CVS. They have been making inquiries for several years, with negotiations in earnest this last year. After careful consideration of the uncertainties in our political and economic futures, our board of directors decided to accept the CVS proposal,” Burton said in a prepared statement.
Current plans are that the Corley Drugs’ South Greenwood Street store will merge with the CVS on Morgan Street; the Airport Road store will merge with CVS in Sawmill Plaza; and the S. Davis Road store will merge with CVS on Hogansville Road.
The North Greenwood Street store will remain open under the CVS name until a larger CVS store is built.
For further updates, check back with lagrangenews.com and for a full report, pick up Friday's edition of LaGrange Daily News.