Thursday, July 7, 2011

PharMerica Climbs On Renewed Takeover Chatter

Shares of PharMerica Corporation (NYSE: PMC) rose more than 1% Thursday after DealReporter reported that the company is now ready to begin a formal process to consider a sale. According to DealReported, both PE and strategic bidders have shown interest in the company. PharMerica Corporation operates as an institutional pharmacy services company in the United States. It offers services to healthcare facilities and provides management pharmacy services to hospitals. Stay tuned for more. 

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