Cardinal Health (CAH) agrees to acquire closely-held direct-to-home medical supplies provider...

|About: Cardinal Health Inc. (CAH)|By:, SA News Editor

Cardinal Health (CAH) agrees to acquire closely-held direct-to-home medical supplies provider AssuraMed for $2.07B. The deal will be financed with $1.3B in new senior unsecured notes and cash. CAH says the deal would add $0.02-$0.03/share to FY 2013 adjusted earnings if the deal closes in early April, and at least $0.18/share in FY 2014. CAH +1.2% premarket.