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News Breaks
January 15, 2013
06:17 EDTPDCOPatterson Companies downgraded to Sell from Neutral at Goldman
Goldman downgraded Patterson (PDCO) due to its leverage to Sirona Dental's (SIRO) new intraoral camera, Omnicam, and potential supply constraints. Price target raised to $33 from $29. Note Goldman downgraded Sirona Dental this morning due to Omnicam concerns.
News For PDCO From The Last 14 Days
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May 4, 2015
08:58 EDTPDCOPatterson Companies to hold a conference call
Conference call to discuss the acquisition of Animal Health International will be held on May 4 at 11:00 am. Webcast Link
08:42 EDTPDCOPatterson Companies sees higher adjusted EPS beginning in FY17
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08:42 EDTPDCOPatterson retains BofA Merrill to explore potential sale of medical business
Patterson has retained BofA Merrill Lynch to explore the potential sale of the medical business. Through the last 12 months ended January 2015, sales and adjusted operating income of the medical segment were $468M and $64M, respectively. Management has determined that this unit, while well positioned in the marketplace, is not a core part of the company’s long-term growth strategy. Patterson believes that positioning the company to focus on the dental and veterinary markets provides an opportunity to build scale and capabilities.
08:41 EDTPDCOPatterson Companies to acquire Animal Health International for approx. $1.1B
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April 29, 2015
08:06 EDTPDCOPatterson Companies parnters with Sirona Dental for CAD/CAM technology
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