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Sunday, June 16, 2024

UBPS to Acquire and Consolidate Three Business Payment Companies in Proposed $179 Million Transaction

Courtesy of Benzinga.

Five Star Quality Care (NYSE: FVE) today announced that it has entered into an agreement to sell its pharmacy business to Omnicare Inc. for $30.7 million. Five Star anticipates the sale of this business will result in a capital gain to Five Star of approximately $23.5 million.

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