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PharMerica Comments on Significant Decline in Shares Tendered intoOmnicare, Inc. (OCR)’s Unsolicited Offer


12/6/2011 6:05:00 AM

LOUISVILLE, Ky.--(BUSINESS WIRE)--PharMerica Corporation (NYSE:PMC), a national provider of institutional pharmacy and hospital pharmacy management services, today commented on the extension by Omnicare (NYSE: OCR) of its unsolicited $15.00 per share tender offer. Shares representing only 8.9% of PharMerica’s outstanding shares were tendered to Omnicare, which is a significant decline from the previous tender extension on October 5, 2011.

Read at BioSpace.com


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