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McKesson Agrees to Buy PSS World Medical fr $2.1 Billion

McKesson Agrees to Purchase PSS World Medical for $2.1 Billion
The McKesson Corp. headquarters is seen in San Francisco. Photographer: Paul Sakuma/AP

Oct. 25 (Bloomberg) -- McKesson Corp., the largest U.S. drug distributor, agreed to buy PSS World Medical, Inc. for about $2.1 billion to expand in providing medical supplies and services.

The $29-a-share agreement to purchase the Jacksonville, Florida-based company also includes the assumption of PSS World’s debt, San Francisco-based McKesson said in a statement today.

To contact the reporter on this story: Bruce Rule in New York at brule1@bloomberg.net;

To contact the editor responsible for this story: Reg Gale at rgale5@bloomberg.net

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