McKesson Corporation MCK and PSS World Medical, Inc. PSSI, announced today that the two companies have signed a definitive
agreement under which McKesson will acquire all outstanding shares of
PSS World Medical for $29.00 per share in cash. PSS World Medical and
McKesson's Medical Surgical business will combine to form a leading
provider of medical supplies, services and technology to physician and
extended care customers.
The total transaction, including the assumption of PSS World Medical's
outstanding debt, is valued at approximately $2.1 billion. The
transaction, which has been approved by the boards of directors of both
companies, is subject to customary closing conditions, including all
See full press release
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in