US nursing home druggist deal

Omnicare, the US provider of drugs and pharmacy services to nursing homes, has closed a deal to buy out its major rival NeighborCare for $1.6bn after the finalisation of details in a takeover battle that has last more than a year.Having first launched an unsolicited acquisition bid for NeighborCare in June 2004, when it valued…

Membership Required

You must be a CM Subscriber to view this content.

Subscribe Now »

Already have an account?