Drug wholesaler AmerisourceBergen is dropping after Walgreens has reportedly ended acquisition talks

• Pharmacy giant Walgreens has ended its talks with drug wholesaler AmerisourceBergen about a potential acquisition, CNBC reported Tuesday.
• AmerisourceBergen's stock dropped by as much as 6% on the news.
• AmerisourceBergen is one of three drug distributors that distribute about 90% of the US's medications to pharmacies and hospitals.
• On February 12, The Wall Street Journal reported Walgreens, which already owns about 26% of the drug distributor, had reportedly approached the company about a potential takeover.
• AmerisourceBergen shares are up about 4% this year, including Tuesday's losses.

NOW WATCH: Elon Musk explains the one thing that went wrong with SpaceX's Falcon Heavy flight