business was stag night. his departure is linked to criticism of oracle s president. oracle is authorizing $10 billion for additional stock repurchases. andrew, let s get over to you. breaking news that s crossing the wires. a merger this morning, a two step deal. walgreen is buying a 45% stake in the european pharmacy alliance boots. walgreen will be investing approximately 6.7 billion in cash and stocks in exchange for a 45% equity interest ownerswne in boots. the u.s. chain will have option to proceed to a full accommodation by acquiring the rest over the next three years time at the current share price. that second step would be valued at $9.5 billion in cash and stock. walgreen ceo and alliance boots executive will join us in just a few moments to go through southeast details. it s an interesting deal that will create the largest pharmaceutical company or pharmaceutical retailer or wholesaler in the world and interesting deal especially in a time like this in the crazy
2010. a live look outside at 5:00 a.m. 48 degrees. you can see e fog over the nation s capital. you can t see it. either that or it s gone. it better be fog. it is. we have low clouds this morning. good morning. i m meteorologist tom kierein starting off this monday morning with a chilly start to the day. just in the upper 40s in washington. mid-40s in the nearby suburbs. rural areas into the low 40s. we have patchy fog this morning. watch out for tha it s above freezing from the mountains to the atlantic beaches. we have had a few sprinkles in west virnia. we have low cloudiness here. it will be gone mid morning. the rest of the morning, into the afternoon, quite a bit of sunshine. highs reaching the low 6 0s. ouding up by sunset. by dawn tomorrow. by this time, light rain moving in. sunset is at 4:54. 6:51 sunrise. off we go. sampling aund the area. this is what it looks like in landover. definitely quite a bit of fog on this side of town. do exercise great care. not ev