Cardinal Health to buy AssuraMed for about $2 B
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Cardinal Health to buy AssuraMed for about $2 B

Dublin : OH : USA | Feb 14, 2013 at 5:31 AM PST
Source: Associated Press
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Cardinal Health is spending about $2 billion to acquire the medical supplier AssuraMed to extend its reach to patients receiving care at home. The Dublin, Ohio, company said Thursday that AssuraMed serves more than a million patients and generated sales of about $1 billion in 2012. It says the privately held company is a natural extension of its businesses. Cardinal Health Inc. will pay $2.07 billion, or $1.94 billion not counting tax benefits it will receive from the deal. It will pay for the acquisition using $1.3 billion in new senior unsecured notes and cash.

 
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