Pharmerica (PMC) Said Exploring Potential Sale

August 24, 2016 10:57 AM EDT

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(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.

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