Omnicare ends PharMerica takeover attempt, posts 4Q profit

Leading long-term care pharmacy provider Omnicare, which announced this week that it has ended its efforts to takeover competitor PharMerica, posted a profit in the fourth quarter.

The spotlight is back on the pharmacy fuss

The spotlight is back on the pharmacy fuss

If there's anything the Golden Globes awards show taught us again Sunday night it is this: When big people talk, they make inordinately loud noise, no matter how high the volume on their microphones may be. Expect some loud noise soon in the long-term care arena over Omnicare's hostile takeover bid of rival PharMerica.

Kindred and RehabCare merger moves forward

The Federal Trade Commission has given antitrust clearance to Kindred Healthcare's plan to purchase RehabCare Group for $1.3 billion in stock, cash payments and debt assumption.