PSS World Medical (PSSI) jumps 33% to $28.66 on news that McKesson (MCK) is acquiring the...

|About: PSS World Medical Inc. (PSSI)|By:, SA News Editor

PSS World Medical (PSSI) jumps 33% to $28.66 on news that McKesson (MCK) is acquiring the company for $29 a share, valuing it at $1.46B. McKesson plans to combine its medical surgical ops with those of PSS to offer medical supplies and other services. McKesson expects annual synergies of $100M by the fourth year after closure.