Longs Drug Stores Corporation Reports Second Quart...(the Company's announced transaction with...),Health
the Company's announced transaction with CVS Caremark Corporation, the Company will not be including management outlook during the pendency of such transaction.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Such statements relate to, among other things,
expected financial results for fiscal year 2009, capital expenditures,
progress on strategic initiatives, opening, relocating and remodeling of
stores, profits from prescription drug plans, performance of RxAmerica, and
are indicated by such words as "will," "expects," "estimates," "goals,"
"plans" or similar words. These statements are based on the Company's
current plans and expectations and involve risks and uncertainties that
could cause actual events and results to vary materially from those
contemplated by such statements. Risks and uncertainties relate to, among
other things, CVS Caremark Corporation's proposed acquisition of the
Company, changing market conditions in the overall and regional economy and
in the retail industry, the availability and cost of real estate,
construction costs and delays, labor unrest, natural or manmade disasters,
competition, maintaining satisfactory relationships with vendors, changes
in applicable law or in the interpretation of applicable law by regulatory
agencies or by legal, accounting or other professional advisors, or by the
Company, and other factors described from time to time in the Company's
news releases and in its annual, quarterly and other reports filed with the
Securities and Exchange Commission, including its Annual Report on Form
10-K for the year ended January 31, 2008. Please refer to such filings for
a further discussion of these risks and uncertainties. Undue reliance
should not be placed on forward-looking statements which speak only as of
the date of this news release. The Company undertakes no
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