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McKesson Corporation Completes Acquisition of PRISM Vision Holdings, LLC

1. McKesson acquired 80% of PRISM Vision Holdings for $850 million. 2. This acquisition strengthens McKesson's presence in the ophthalmology sector.

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FAQ

Why Bullish?

The PRISM acquisition aligns with McKesson's expansion strategy, which may lead to revenue growth. Historical acquisitions in healthcare have positively impacted stock performance after consolidation efforts materialize.

How important is it?

The acquisition is significant for McKesson's growth strategy in a niche market, potentially increasing market share and profitability.

Why Long Term?

The benefits from this acquisition will likely unfold over years as integration occurs. For example, past acquisitions, like Change Healthcare, contributed to long-term revenue expansion.

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HCAUNHCVS
IRVING, Texas--(BUSINESS WIRE)--McKesson Corporation (NYSE: MCK) today announced the completion of its previously announced acquisition of a controlling interest in PRISM Vision Holdings, LLC, a leading provider of general ophthalmology and retina management services. McKesson acquired an approximate 80% controlling interest in PRISM Vision Holdings, an ophthalmology and retina management services provider, for about $850 million. PRISM physicians will retain an approximate 20% interest. The ac.

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