California’s McKesson, PSS Complete Merger Deal
Circle Connections: Mergers & Acquisitions McKesson Corp. has completed its merger PSS World Medical Inc., according to a SEC filing. As of Friday, PSS is a wholly owned subsidiary of McKesson. McKesson agreed in October to acquire the Jacksonville-based distributor of medical products, equipment, billing services and pharmaceutical related products to non-hospital healthcare providers for a total of $2.1 billion. PSS shareholders approved the merger on Tuesday. It's unclear what kind of Jacksonville presence the company will have. This was reported by the Jacksonville Business Journal on February 22, 2013. Contact information: John H. Hammergren, Chairman . . .