McKesson Corp to acquire D&K Healthcare Resources Inc; acquisition will expand presence in independent pharmacy segment.

(From Chemical Business NewsBase - Press Release)

McKesson Corp and D&K Healthcare Resources Inc (D&K) announced that McKesson has signed a definitive agreement to acquire D&K. Under the agreement, Spirit Acquisition Corp, a wholly owned subsidiary of McKesson, will commence a tender offer for all outstanding D&K shares for $14.50 in cash/share. McKesson will also assume D&K's outstanding debt. D&K is a leading distributor to independent and regional pharmacies, primarily in the Midwest, Upper Midwest and the South. The acquisition is expected to close in 3Q 2005, subject to customary conditions, including regulatory review. …