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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (1109)	3/22/2006 1:42:46 AM
From: richardred	Respond to of 7256

AmericsourceBergen Completes Asenda Buy Tuesday March 21, 11:53 am ET AmericsourceBergen Corp. Completes $18M Acquisition of Asenda Pharmaceutical Supplies VALLEY FORGE, Pa. (AP) -- Pharmaceutical distributor AmerisourceBergen Corp. on Tuesday said its wholly owned subsidiary, AmerisourceBergen Canada Corp., has completed its $18 million acquisition of Asenda Pharmaceutical Supplies Ltd. and a related entity. The acquisition, which began earlier this month, is expected to be neutral to AmerisourceBergen Corp.'s fiscal 2006 earnings. Canadian Asenda, which distributes pharmaceuticals in British Columbia and Alberta, had revenue of about $172 million over the last 12 months. The move strengthens AmerisourceBergen's position in Western Canada, the company said. Shares of AmerisourceBergen Corp. rose 56 cents to $47.90 during midday trading on the New York Stock Exchange. biz.yahoo.com