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Futuremed healthcare Bridesmaid Dresses Australia Cheap Bridesmaid Dresses to be bought Futuremed healthcare products corp(Tse:Fmd)Said tuesday it has agreed to be bought by cardinal health's(Nyse:Cah)Canadian subsidiary for c$8.15 per share in cash, in a deal valued at C$165 million. "This transaction will enable us to move forward and provide our people with exciting new growth opportunities as part of a larger, more diverse organization, as well as offer our customers more choice with the same outstanding service levels,"Said futuremed ceo, raymond stone.Futuremed is a canadian distributor of consumable nursing home supplies and specialized furniture and equipment to the longterm care facilities sector.The company's products are sold under the name dismed in quebec.Futuremed said its board has approved the deal, and that stakeholders representing five percent of the company have already agreed to support the transaction.The deal is subject to two thirds shareholder approval, as well as regulatory approvals and other closing conditions. "This transaction provides an attractive value for our shareholders and positions futuremed for accelerated growth as part of cardinal health, a global leader in the healthcare industry,"Said futuremed chairman, john mclaughlin.Cardinal health canada is headquartered in toronto, with seven distribution centres across the country, distributing medical and surgical products to healthcare providers across the canadian healthcare system.Its parent company, cardinal health, is headquartered in dublin, ohio, and is a $103 billion health care services business, manufacturing medical and surgical products, including gloves, surgical apparel and fluid management products.President and ceo of cardinal health canada, david lees, added: "We believe that the acquisition of futuremed will enhance our capability to serve and deliver greater value to our canadian patients across the continuum of care.Further, we expect to generate significant synergies as we build off our existing platforms and business partner relationships enabling more efficient offerings to our customers. "Under the terms of the agreement, futuremed has committed to pay a c$4.6 million termination fee to Cardinal should the deal not proceed under certain circumstances.The deal is expected to close in the first quarter of next year.Shares of futuremed rose more than 30 percent tuesday, to trade at $8.10.Proactive investors north america inc, trades as"Proactiveinvestors usa canada".You understand and agree that no content published on the site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.You understand that the site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the company.You understand and agree that contributors may write about securities in which they or their firms have a position, and Plus Size Wedding Dresses that they may trade such securities for their own account.In cases where the position is held at the time of publication and such position is known to the company, appropriate disclosure is made.However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about.You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the company, the information providers or any other person or entity, and may not be complete or accurate.From time to time, reference may be made in our marketing materials to prior articles and opinions we have published.These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current.As Evening Dresses Australia markets change continuously, previously published information and data may not be current and should not be relied upon.You understand that we may be providing advertising and/or marketing services to companies mentioned on the site.A full list of companies that are paying for services from us, or our affiliated companies in the uk and australia can be viewed here


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