McKesson's PSS World Medical Acquisition Still on Track

On Wednesday, health-care services and IT firm McKesson Corporation (NYS: MCK) confirmed it has received notification of the early termination of the Hart-Scott-Rodino waiting period required prior to close its purchase of PSS World Medical (NAS: PSSI) . Assuming other preconditions to the acquisition are fulfilled, the company expects to close the $1.4 billion acquisition in Q1 2013.

Shares of PSS are up 1.3% on the news at $28.85, within $0.15 of McKesson's purchase price. Shares of McKesson are heading the other way, down 1.2% at $96.44.

The article McKesson's PSS World Medical Acquisition Still on Track originally appeared on Fool.com.

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