BRIEF-Henry Schein To Spin Off And Merge Its Animal Health Business With Vets First Choice [Reuters]
Henry Schein, Inc. (HSIC)
Last henry schein, inc. earnings: 2/20 07:00 am
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Source: Reuters
BRIEF-Henry Schein To Spin Off And Merge Its Animal Health Business With Vets First Choice | Reuters Reuters Staff 2 Min Read April 23 (Reuters) - Henry Schein Inc: * HENRY SCHEIN TO SPIN OFF AND MERGE ITS ANIMAL HEALTH BUSINESS WITH VETS FIRST CHOICE, CREATING AN INNOVATIVE APPROACH TO ADVANCING VETERINARY CARE * HENRY SCHEIN INC - HENRY SCHEIN EXPECTS TO RECEIVE BETWEEN $1.0-$1.25 BILLION IN CASH ON A TAX-FREE BASIS * HENRY SCHEIN - CO’S SHAREHOLDERS WILL OWN APPROXIMATELY 63% AND VETS FIRST CHOICE SHAREHOLDERS WILL OWN APPROXIMATELY 37% OF NEW COMPANY * HENRY SCHEIN INC - COMPANY WILL HAVE COMBINED PRO FORMA 2017 SALES OF APPROXIMATELY $3.6 BILLION * HENRY SCHEIN - WILL SPIN OFF ANIMAL HEALTH BUSINESS, WHICH WILL MERGE WITH VETS FIRST CHOICE FORMING AN INDEPENDENT PUBLIC COMPANY * HENRY SCHEIN - WILL NOMINATE SIX INDIVIDUALS TO BOARD OF DIRECTORS AND VETS FIRST CHOICE WILL NOMINATE FIVE INDIVIDUALS TO BOARD * HENRY SCHEIN INC - DEAL IS STRUCTURED AS A “REVERSE MORRIS TRUST” ONE INT
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HSIC
Earnings
- 2/27/24 - Miss
HSIC
Sec Filings
- 4/10/24 - Form ARS
- 4/10/24 - Form DEFA14A
- 4/10/24 - Form DEF
- HSIC's page on the SEC website