Message Font: Serif | Sans-Serif
No. of Recommendations: 0
PHARMERICA (Nasdaq: DOSE) and INTEGRATED HEALTH SERVICES (NYSE: IHS) have reached an agreement in principle regarding the future of National Institutional Pharmaceutical Services, Inc., (NIPSI) and will move directly toward a definitive agreement. Under terms of the proposed transaction, PharMerica has agreed to acquire NIPSI, an institutional pharmacy owned by IHS. NIPSI operates 35 pharmacies in 15 states serving approximately 38,000 beds. The two companies agreed that under the proposed transaction, the preferred provider agreement would apply to all of IHS's long-term care facilities nationwide, including 139 newly acquired Horizon locations.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.