Pharmerica (PMC) Said Exploring Potential Sale
Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.
(Updated - August 24, 2016 11:00 AM and 1:40 PM)
Pharmerica (NYSE: PMC) is working with banks to explore a potential sale, according to Reuters, citing sources.
The report said the company is working with Bank of America and UBS amid interest from private equity firms.
Shares were paused briefly after spiking higher.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Toshiba considering spinning off semiconductor operations and selling a stake to Western Digital (WDC) - Nikkei
- UBS Reiterates Buy on Hewlett Packard Enterprise (HPE) Following Announced SimpliVity Acquisition
- Check Point Software (CHKP) call put ratio 2.4 calls to 1 put into Q4
Create E-mail Alert Related CategoriesHot M&A, Mergers and Acquisitions, Private Equity, Rumors, Trader Talk, Trading Halts
Related EntitiesUBS, Bank of America
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!