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Stock Market & Financial Investment News

News Breaks
May 21, 2014
11:40 EDTMCKMagnetar Capital sues McKesson unit over Celesio deal, NY Times says
A subsidiary of the McKesson Corporation is being sued by the hedge fund Magnetar Capital in connection with its acquisition of the German drug wholesaler Celesio, says the New York Times. Magnetar Capital alleges that McKesson violated German takeover law by paying more to some holders of Celesio’s convertible bonds than it did to shareholders, added the New York Times. Reference Link
News For MCK From The Last 14 Days
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July 10, 2014
08:03 EDTMCKAccretive Health names Emad Rizk as CEO and president
Accretive Health (ACHI) announced that its Board of Directors has appointed Emad Rizk, M.D., president of McKesson Health Solutions (MCK), as CEO, President, and a member of the Board of Directors, effective July 21.

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