PharMerica Exploring Strategic Alternatives, Including Sale -Reuters
August 24 2016 - 12:04PM
Dow Jones News
PharMerica Corp. (PMC) is exploring strategic alternatives,
including a potential sale of the company, a manager of long-term
care facilities, Reuters reported Wednesday on its website, citing
people familiar with the matter.
PharMerica is being advised by Bank of America Corp. (BAC) and
UBS Group AG (UBS), the people told Reuters.
Shares in PharMerica were up more than 13% at $25.59 in
late-morning trading.
Full story at:
www.reuters.com/article/us-pharmerica-m-a-idUSKCN10Z1YI
Write to nymonitoring@dowjones.com
(END) Dow Jones Newswires
August 24, 2016 11:49 ET (15:49 GMT)
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