This February marks the 100th anniversary of an Ohio State tradition. Since 1915, the chimes have been part of University life, housed in one of the oldest and most unique buildings on campus. WOSU’s Tom Rieland has this profile on the Chimes of Orton Hall…
Cardinal Health To Acquire AssuraMed For $2.07 Billion
Dublin-based Cardinal Health says it plans to acquire one of the nationâ€™s largest suppliers of home-based medical supplies.
The drug wholesaler Cardinal Health says it plans to acquire AssuraMed for $2.07 billion. Cardinal manufactures and distributes pharmaceuticals and medical equipment, but mostly to doctors and other providers.
The acquisition of AssuraMed could be Cardinalâ€™s in-road to home-based medical care. AssuraMed reported about $1 billion in sales last year, and a statement from Cardinal says it plans to use its supply chain knowledge to make the business more efficient.
Cardinal says the deal will be financed mostly with debt and is expected to be finalized in the spring. News of the announcement increased Cardinal shares by nearly two percent this morning.