Walmart Is in Takeover Talks With Pharmacy Startup

Mail-order drug company PillPack prepackages consumers' pills for daily or hourly use. 

Photographer: Pat Greenhouse/The Boston Globe via Getty Images
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Walmart Inc. is in early talks about a deal for closely held PillPack, an online startup that could help grow the retail giant’s pharmacy offerings, according to people familiar with the situation.

PillPack and Walmart declined to comment. CNBC first reported the talks Monday, and said the price being discussed was less than $1 billion. It’s not clear if the talks will lead to a deal.