McKesson To Pay $960 Mil. To Settle Most Of HBOC Litigation
This article was originally published in The Pink Sheet Daily
Executive Summary
McKesson also reserves $240 mil. for additional settlements, for a total negative impact of $1.2 bil. The company will take the charge in the third quarter (ended Dec. 31), which already was going to be worse than originally expected.
You may also be interested in...
Is McKesson Going Shopping? Wholesaler Suggests Ramp-Up In M&A Activity
With funding of shareholder litigation settlement expected by October, McKesson will be considering acquisition targets. The wholesaler suggests it is not looking for one major target, but would likely seek smaller deals that complement the company’s existing expertise.
Is McKesson Going Shopping? Wholesaler Suggests Ramp-Up In M&A Activity
With funding of shareholder litigation settlement expected by October, McKesson will be considering acquisition targets. The wholesaler suggests it is not looking for one major target, but would likely seek smaller deals that complement the company’s existing expertise.
Missed Rx Price Hikes Will Be Skipped By Manufacturers, McKesson Says
Manufacturer price increases that were anticipated for the July quarter likely will be skipped altogether, McKesson CEO John Hammergren said
Need a specific report? 1000+ reports available
Buy Reports
Register for our free email digests: