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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)
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To: Sam who wrote (1620)8/1/1998 9:01:00 AM
From: Arthur Radley  Read Replies (1) of 3414
 
Federal district judge put on hold the mergers of two separate deals involving the merger of 4 drug distribution companies. This happened late yesterday afternoon.

Obviously, the trend is consolidation in this industry, but the judge felt this would consolidate the drug distribution into to a few companies and therefore cause prices to rise.

I wonder if this action could cause these Giant drug distribution companies to look now at the specialty companies like PM. In the scope of things, PM is small potatoes(Dan Qualye)to a Cardinal or Bergen distribution company. Only musing on my part, but could have potential for a buyout IMO.

Any thoughts from others?
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