McKesson will acquire PSS World's distribution of medical products to physician offices and long-term care homes and gain the company's $2.1 billion in annual sales. Cost savings will be about $100 million a year within four years, McKesson said.
PSS World Medical, Inc. announced today that it has acquired Dispensing Solutions, Inc. DSI, a privately held company based in California, markets turn-key dispensing programs in the point of care, government, and contract packaging markets.
McKesson helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, healthcare information technology, and business and clinical services. For ...
recently announced that it has completed its previously announced acquisition of PSS World Medical, Inc. McKesson paid $2.1 billion for the acquisition including PSS World Medical's debt of about $480 million and related transaction costs.
PSS World Medical, Inc. (NASDAQ:PSSI) investors should be aware of an increase in hedge fund sentiment of late. To most traders, hedge funds are assumed to be worthless, outdated investment tools of years past.
JACKSONVILLE - McKesson Corp.'s plan to acquire PSS World Medical Inc. for $2.1 billion leaves Northeast Florida with a multimillion-dollar question: Once the companies are merged, what will the Jacksonville presence look like?
Now with the pending buyout of PSS World Medical Inc., we're going to lose another one. PSS, as you undoubtedly know by now, agreed on Thursday to a $2.1 billion buyout by San Francisco-based McKesson Corp.