Omnicare's (OCR) recent adoption of a Change in Control Plan (8-K) has Credit Suisse thinking...

|About: Omnicare Inc. (OCR)|By:, SA News Editor

Omnicare's (OCR) recent adoption of a Change in Control Plan (8-K) has Credit Suisse thinking the company could be a takeout candidate as "such action has signaled potential outside interest" in the past. While the move is "probably a routine corporate governance action," improved Long-Term Care performance and swift Specialty growth make the company a decent buyout candidate for the likes of McKesson (MCK) and Cardinal Health (CAH), analyst Glen Santangelo says.