Cardinal Chain Pharmacy Distribution Will Increase Via Bindley Acquisition
Executive Summary
Cardinal expects to emerge as the sole supplier to CVS following the acquisition of Bindley Western.
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Cardinal consolidation
Cardinal will reduce its combined network 41 distribution centers by 13 within the next 24 months, the company says. Cardinal had 25 distribution centers before acquiring Bindley Western in February (1"The Pink Sheet" Dec. 11, 2000, p. 4)
Cardinal consolidation
Cardinal will reduce its combined network 41 distribution centers by 13 within the next 24 months, the company says. Cardinal had 25 distribution centers before acquiring Bindley Western in February (1"The Pink Sheet" Dec. 11, 2000, p. 4)
AmeriSource Expects Post-Merger Market Share Of 33% To Pass FTC Review
AmeriSource and Bergen Brunswig predict the Federal Trade Commission will accept their combined 33% market share in the drug wholesaling sector without initiating an antitrust challenge.