Biden’s Boosters Could Mean Big Business for These Stocks (CVS, ALST, WBA, MCK, FDX, CARR)

It appears increasingly official as a piece of cultural news: the pandemic is far from over. What’s more, policymakers are starting to officially authorize booster vaccinations. From CNBC: “The United States will begin widely distributing Covid-19 booster shots next month as new data shows that vaccine protection wanes over time, top U.S. health officials announced […]

McKesson Corporation (NYSE:MCK) Buys German Drug Wholesaler Celesio For $8.3 Billion

Boston, MA 10/25/2013 (wallstreetpr) – In what is going to create the largest pharmaceutical wholesalers the world has ever seen, McKesson Corporation (NYSE:MCK) has decided to purchase its nearest rival, the German Drug Wholesaler Celesio for a consideration of $8.3 billion. The deal would be structured in two parts. At first, McKesson would purchase 50.01% in the […]

McKesson Buys PSS World Medical for $2.1 Billion (PSSI)

McKesson (NYSE: MCK) is the largest drug distributing company in the United States. In order to expand its medical supply distribution services, it has just agreed to buy out PSS World Medical (NASDAQ: PSSI) in a transaction valued at $2.1 billion. McKesson is based out of San Francisco, California, while PSS World Medical is located in Jacksonville, […]