Waiting period for Cardinal Health/Syncor deal expires

Cardinal Health's planned acquisition of radiopharmaceutical provider Syncor International has cleared a hurdle. The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired.

Dublin, OH-based Cardinal Health and Syncor of Woodland Hills, CA, expect to complete the deal by the end of 2002. The deal is subject to satisfaction of customary conditions, including approval by Syncor shareholders. Syncor's shareholder meeting is expected to take place in the fall, according to the firms.

By AuntMinnie.com staff writers
August 1, 2002

Related Reading

Cardinal Health to buy Syncor, June 14, 2002

Syncor posts sales gains in Q1, April 24, 2002

Syncor grows sales, earnings, February 20, 2002

Syncor reaffirms earnings estimates, February 7, 2002

Syncor reports 25% operating income increase, October 25, 2001

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