Omnicare and NeighborCare Sign Definitive Merger Agreement for $1.8 Billion Transaction; Combination Creates Premier Institutional Pharmacy Company.
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Omnicare and NeighborCare Sign Definitive Merger Agreement for $1.8 Billion Transaction; Combination Creates Premier Institutional Pharmacy Company.
COVINGTON, Ky. & BALTIMORE -- Omnicare, Inc. (NYSE: OCR) and NeighborCare, Inc. (NASDAQ: NCRX) today announced that the two companies have entered into a definitive merger agreement under which Omnicare will acquire all of the outstanding shares of NeighborCare common stock for $34.75 per share in cash, for a total transaction value of approximately $1.8 billion, which includes app...
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