Cardinal Health Puts Up $2B For PE-Backed AssuraMed

Law360, New York (February 14, 2013, 3:27 PM EST) -- Ohio health care services company Cardinal Health Inc. has agreed to acquire private equity-backed AssuraMed, a market-leading provider of medical supplies to patients living at home, for roughly $2 billion, Cardinal Health said Thursday.

The health care firm will put up $2.07 billion to buy AssuraMed, which is is majority-owned by private equity firms Clayton Dubilier & Rice LLC and GS Capital Partners LP, the private equity arm of Goldman Sachs & Co. Including the current value of tax benefits for the companies, the net price...
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