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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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April 30, 2015
14:27 EDTMCKOmnicare attracts interest from CVS Health, Express Scripts, Bloomberg says
Omnicare (OCR) is attracting interest from Express Scripts (ESRX), and CVS (CVS), with other potential buyers including Walgreens Boots Alliance (WBA) and McKesson (MKC), Bloomberg reports, citing people with knowledge of the matter. Initial bids are due in May. Reference Link
14:16 EDTMCKOmnicare also drawing interest from Walgreens, McKesson, Bloomberg says
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April 23, 2015
13:16 EDTMCKPharmacies, PBMs seen as potential buyers after Omnicare said to explore sale
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