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News Breaks
August 5, 2014
08:12 EDTPINC, HSPPremier acquires TheraDoc from Hospira for $117M
Premier (PINC) has reached a definitive agreement to acquire TheraDoc, a market leading provider of clinical surveillance software, for $117M in cash, subject to potential purchase price adjustments regarding TheraDoc's actual working capital, cash and indebtedness at closing. The transaction is expected to close in Premier's 1Q15 ending September 30. TheraDoc is a wholly-owned subsidiary of Hospira (HSP). Premier's board unanimously approved the transaction, and applicable antitrust approvals have already been obtained. Based on the trailing twelve months operating earnings provided by TheraDoc, the $117M represents a purchase price multiple in the 10-11 times range. Premier expects the acquisition to be accretive to earnings in the first year following the transaction's completion.
News For PINC;HSP From The Last 14 Days
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October 6, 2015
08:31 EDTPINCPremier backs FY16 adjusted EPS view of $1.54-$1.62, consensus $1.59
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October 2, 2015
08:00 EDTPINCPremier to host investor day and economic outlook panel
Investor Day & Economic Outlook Panel will be held in New York on October 6 at 9 am. Webcast Link
October 1, 2015
16:51 EDTPINCPremier acquires InflowHealth for $6.0M
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September 28, 2015
07:27 EDTHSPFDA and the Parental Drug Association to co-host a conference
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