COVINGTON, Ky.--(BUSINESS WIRE)--Omnicare, Inc. (NYSE: OCR) (the “Company”) today announced that it has priced its offering of $500 million aggregate principal amount of its convertible senior subordinated notes due 2025 (the “Notes”). In addition, the Company granted the underwriters the option to purchase up to an additional $75 million of Notes to cover over-allotments. The offering is expected to close December 7, 2010, subject to customary closing conditions.