By Derek Ishaque
LTC Industry News
August 02, 2017

KKR to take PharMerica private

(Reuters) - PharMerica Corp (PMC.N), a U.S. pharmacy manager for long-term care facilities, said on Wednesday it agreed to be acquired by a newly formed company controlled by buyout firm KKR & Co LP (KKR.N) for $1.4 billion, including debt.

https://www.reuters.com/article/us-pharmeric-m-a-kkr/kkr-to-take-pharmerica-private-in-1-4-billion-deal-idUSKBN1AI1EA

Author Description

Derek Ishaque

Derek is the Owner and CEO of SCRx Pharmacy. He has previous experience in Investment Banking at Bear Stearns and private equity at Bridgescale Partners. Derek has a B.S. in Finance from USC.

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