This excerpt taken from the CVS 8-K filed Aug 8, 2006.
Item 2.01 Completion of Acquisition or Disposition of Assets.
On June 2, 2006, CVS acquired certain assets and assumed certain liabilities from Albertsons, Inc. (Albertsons) for $4.0 billion. The assets acquired and the liabilities assumed included approximately 700 standalone drugstores and a distribution center (collectively the Standalone Drug Business). CVS financed the acquisition of the Standalone Drug Business by issuing commercial paper and borrowing $1.0 billion from a bridge loan facility. During the third quarter of 2006, CVS expects to refinance a portion of the commercial paper borrowings with longer term financing. During the fourth quarter of 2006, CVS expects to sell a substantial portion of the acquired real estate through a sale-leaseback transaction, the proceeds of which will be used in retiring the bridge loan facility.