Dole Food Co. and David H. Murdock, Dole’s chairman and CEO, jointly announced that they have signed a definitive merger agreement pursuant to which Murdock, acting through his affiliates, will acquire for cash all of the outstanding shares of Dole common stock not currently beneficially held by him.
As part of its continued commitment to supporting future pharmacists, Cardinal Health announced that six pharmacy schools across the country will receive more than $625,000 in funding through the Cardinal Health Pharmacy Scholarship Program.
Cardinal Health is significantly bullish heading into fiscal 2014. And for good reason. Not only does the graying of the baby boomers continue to represent a strong tailwind, but there are five other factors that will help fill those sails as well, George Barrett, Cardinal chairman and CEO, told investors Thursday morning.
The National Retail Federation issued a statement from SVP and general counsel Mallory Duncan on U.S. District Judge Richard Leon’s decision that found that the Federal Reserve misapplied Congress’ intent when it implemented required swipe fees reforms.
Distribution Solutions revenues were up 5% in the first quarter, driven mainly by strong growth in U.S. pharmaceutical direct distribution and services revenues and the acquisition of PSS World Medical. Technology Solutions revenues were up 9% in the first quarter compared to the prior year.
Following its announcement to acquire Harris Teeter Supermarkets in a deal valued at $2.5 billion made earlier this month Kroger plans to raise $1 billion through the issuance of two bonds, the Cincinnati Business Courier reported Friday.
Spartan Stores and Nash Finch Co. on Monday announced that they have entered into a definitive merger agreement under which Spartan Stores and Nash Finch will combine in an all-stock merger valued at approximately $1.3 billion, including existing net debt at each company.