Clark of Cardinal Calls Unit Sale a `Very Good Deal': Teleconf.
Jan. 25 (Bloomberg) -- Kerry Clark, chief executive officer of Cardinal Health Inc., and Jeffrey Henderson, chief financial officer, speak on a teleconference from Dublin, Ohio, about the company's fiscal second-quarter profit and sale of its drug packaging unit to Blackstone Group LP for $3.3 billion. Net income for the second quarter rose to $739.3 million, or $1.80 a share, from $304 million a year ago. Cardinal Health is the second-biggest U.S. pharmaceutical distributor. (Source: Cardinal Health Inc.)
00:00 Jason Strohm: agenda, safe-harbor statement 01:59 Clark: sale of packaging unit to Blackstone 02:50 Clark discusses second-quarter results. 08:43 Henderson: second-quarter results and outlook 25:03 Henderson: acquisitions strategy; unit sale 30:02 Cardinal executives respond to questions.
Running time 59:59
Last Updated: January 25, 2007 14:29 EST
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