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Stock impact report

Henry Schein to spin off animal health unit [Reuters]

Henry Schein, Inc. (HSIC) 
Last henry schein, inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Reuters
Henry Schein to spin off animal health unit | Reuters Reuters Staff 1 Min Read (Reuters) - Henry Schein Inc ( HSIC.O ) said on Monday it would spin off its animal health business and merge it with Vets First Choice to create a new company that will create a animal health service and technology platform to support the veterinary market. The company said Henry Schein shareholders will own approximately 63 percent of the new company and expects to receive between $1.0 billion to $1.25 billion in cash on a tax-free basis. Reporting by Mrinalini Krothapalli; Editing by Shailesh Kuber All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved. Show less Read more
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