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Author Topic: Business News: Cardinal Health To Acquire AssuraMed For $2 Billion  (Read 803 times)

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Cardinal Health To Acquire AssuraMed For $2 Billion

Cardinal Health, the nation's second-biggest drug wholesaler, on Thursday announced plans to buy privately held AssuraMed for just over $2 billion. AssuraMed is a direct-to-home medical supply distributor with about $1 billion in 2012 sales. Cardinal (CAH) said it will finance the deal with $1.3 billion in new senior unsecured notes and cash. The buyout is expected to close by early April. AssuraMed serves more than 1 million patients nationally

Source: Cardinal Health To Acquire AssuraMed For $2 Billion

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For God so loved the world, that he gave his only Son (Jesus Christ), that whoever believes in him should not perish but have eternal life. For God did not send his Son into the world to condemn the world, but in order that the world might be saved through him. Whoever believes in him is not condemned, but whoever does not believe is condemned already, because he has not believed in the name of the only Son of God. - John 3:16-18
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