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McKesson in Advanced Stage of Talks to Buy German Company Celesio

According to the Wall Street Journal, McKesson Corporation (NYSE: MCK) is in final stage of talks with Franz Haniel & Cie to acquire its drug distribution unit, Celesio, in a deal worth more than $ 5 billion. Founded in 1835, Stuttgart based Celesio supplies drugs to 65,000 pharmacies and hospitals, daily with nearly 130,000 pharmaceutical [...]

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Major Gainers and Losers in Early Trading on October 25; PSSI, MCK, CROX, DDD

Shares of PSS World Medical Inc. (NASDAQ: PSSI), a national distributor of medical products and supplies, diagnostic equipment, healthcare information technology and pharmaceutical products, are seeing a huge rally in trading today.

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