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Article: SHAREHOLDERS OF MEDICINE SHOPPE INTERNATIONAL, INC. APPROVE MERGER WITH CARDINAL HEALTH, INC.
- Article from:
- PR Newswire
- Article date:
- November 13, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DUBLIN, Ohio, and ST. LOUIS, Nov. 13 /PRNewswire/ -- The shareholders of Medicine Shoppe International, Inc. (Nasdaq: MSII) voted overwhelmingly in favor of the merger with Cardinal Health, Inc. (NYSE: CAH) at the special meeting of stockholders held earlier today in St. Louis. With this approval, all conditions for consummation of the transaction were satisfied and the merger was consummated at the close of business today. Shareholders of Medicine Shoppe will receive .8289 shares of Cardinal common stock for each Medicine Shoppe share they currently own in the tax-free exchange.
Medicine Shoppe International, Inc. is the largest franchisor of independent retail ...