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NEW YORK (AP) — Walgreen’s first-quarter earnings fell more than 4 percent due in part to a slow flu season and its split with the Express Scripts pharmacy network.

A three-year contract between the companies ends at the end of 2011. Since June, Walgreen and Express Scripts have said they were preparing to stop doing business. Walgreen gets $5.3 billion in annual revenue from Express Scripts, but the Deerfield, Ill., company has said it would rather give that up than continue filling unprofitable prescriptions.

 

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