UnitedHealth's Optum to acquire Diplomat Pharmacy for $4 a share in cash [MarketWatch]
DIPLOMAT PHARMACY INC (DPLO)
Last diplomat pharmacy inc earnings: 11/12 07:30 am
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Source: MarketWatch
UnitedHealth's Optum to acquire Diplomat Pharmacy for $4 a share in cash UnitedHealth Group's OptumRx pharmacy care services unit is acquiring specialty pharmacy Diplomat Pharmacy Inc. DPLO, +3.75% for $4 a share in cash, the companies said Monday. Diplomat shares closed Friday at $5.81 and the stock tumbled 32% in premarket trade Monday. The stock has fallen 57% in 2019, after it disclosed a "going concern" warning in November as it reported a much wider-than-expected loss for a third straight quarter. Diplomat offers care in specialty medications that treat patients with complex diseases, such as oncology and immunology, and provides specialized infusion therapies in all 50 states and Washington, D.C., according to a release.
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