Larry Robbins’ Glenview Rocked by Amazon’s Rx Deal

Hedge funds including Glenview Capital have exposure to the drug retailers and distributors whose shares sank on Amazon.com’s deal to buy PillPack.

Andrew Harrer/Bloomberg

Andrew Harrer/Bloomberg

Several hedge funds were hurt after Amazon.com announced its deal to buy online pharmacy PillPack, with the holdings of Larry Robbins’ Glenview Capital Management possibly being hit the hardest.

The June 28 announcement of the merger agreement rocked the stocks of drug retailers and distributors as investors dumped their shares on fears of an industry price war.

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