Business
McKesson acquires rival
NEWS IN BRIEF — Posted Nov. 27, 2006
McKesson Corp. agreed on Nov. 6 to acquire Per-Se Technologies Inc. for $1.8 billion. The price of the proposed acquisition, which is expected to close in the first quarter of 2007, includes McKesson assuming the outstanding debt of Per-Se Technologies, which provides software and services to hospitals, physicians and pharmacies.
The acquisition of Per-Se will boost McKesson's offerings in those areas, San Francisco-based McKesson said. The company also sells pharmaceuticals and medical supplies.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2006/11/27/bibf1127.htm.