McKesson plans to buy PSS World Medical for $1.62 billion

Bloomberg, October 26, 2012

McKesson Corp. agreed to acquire PSS World Medical Inc. for about $1.62 billion to expand in medical supplies and services. The offer by McKesson is 34% more than PSS World's closing share price yesterday. The deal includes the assumption of about $480 million of PSS World's debt, bringing its total value to $2.1 billion. McKesson will acquire PSS World's distribution of medical products and gain the company's $2.1 billion in annual sales.


MOST POPULAR

SPONSORED REPORTS
SPONSORED HEADLINES

SIGN UP

FREE e-Newsletters Join the Council Subscribe to HL magazine

SPONSORSHIP & ADVERTISING

100 Winners Circle Suite 300
Brentwood, TN 37027

800-727-5257

About | Advertise | Terms of Use | Privacy Policy | Reprints/Permissions | Contact
© HealthLeaders Media 2014 a division of BLR All rights reserved.