Market Overview

McKesson Reports Early Termination of Hart-Scott-Rodino Act Waiting Period for PSS World Medical Acquisition

Related MCK
Top Performing Industries For October 17, 2014
A Short List Of Earnings Dates To Measure The 'October Effect'

McKesson Corporation (NYSE: MCK) announced today that it has received
notification of early termination of the waiting period under the
Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in
connection with the proposed acquisition of PSS World Medical, Inc.
(NASDAQ: PSSI). The termination of this waiting period satisfies one of
the conditions for McKesson's proposed acquisition of PSS World Medical.

The transaction remains subject to other customary closing conditions,
including approval by the shareholders of PSS World Medical. Subject to
satisfaction of these other closing conditions, the acquisition is
expected to close in the first calendar quarter of 2013.

See full press release

Posted-In: News Guidance Contracts Management M&A Global

 

Related Articles (PSSI + MCK)

Around the Web, We're Loving...

Get Benzinga's Newsletters