Accredo Health Inc. (ACDO) Announces Acquisition Of Hemophilia Resources Of America, Inc
10/19/2005 5:11:37 PM
Accredo Health, Incorporated (NASDAQ: ACDO) announced today that its wholly owned subsidiary, Hemophilia Health Services, Inc. (HHS), has entered into a definitive agreement to purchase 100% of the outstanding stock of privately held HRA Holding Corporation and its wholly owned subsidiary, Hemophilia Resources of America, Inc. ("HRA"). The purchase agreement is contingent on receiving all necessary regulatory approvals including Federal Trade Commission approval under Hart-Scott-Rodino Act (HSR). The HSR application will be filed as soon as possible with a response expected within 45 days from that date. If approved, the closing of this transaction is expected to occur early in the September, 2004 quarter.
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