Mergers & Acquisitions
Healthcare services company agrees to sell BioServices unit to Fisher Scientific
Published in Medical Devices and Surgical Technology Week, July 17th, 2005
The acquisition is expected to close in McKesson's second fiscal quarter ending September 30, 2005, subject to customary conditions including regulatory review. The sale of McKesson BioServices, which is subject to certain post-closing adjustments, is anticipated to result in an after-tax gain of approximately $13 million to $15 million in the quarter in which the transaction closes. McKesson will report BioServices financial results as a discontinued operation in its first...
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