Home » WSJ.com: PharMerica to be taken private by KKR-backed company in $1.4 billion deal

WSJ.com: PharMerica to be taken private by KKR-backed company in $1.4 billion deal

Shareholders of the institutional pharmacy-services company will receive $29.25 a share in cash, a 17% premium to Tuesday’s closing price

KKR & Co. and Walgreens Boots Alliance Inc. have reached a deal to take PharMerica Corp. private in a deal valued at $1.4 billion, the companies said Wednesday. For more on this story, go to Wall Street Journal online.