Cardinal Sells CareFusion Shares
Posted on September 17, 2010 at 10:05 AM EDT
Cardinal Health (NYSE:CAH), a leading distributor of pharmaceuticals and medical supplies, recently sold off the remaining 30.5 million shares of CareFusion Corporation (CFN) for $705.9 million. CareFusion, a San Diego-based vendor for medical equipment and infection control supplies, was spun off from Cardinal Health in 2009. As per the spin-off arrangement, Cardinal Health distributed [...]