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McKesson to Acquire CoverMyMeds

01.27.17

The Firm is representing McKesson Corporation (NYSE: MCK) in its announced acquisition of CoverMyMeds, LLC for approximately $1.1 billion plus contingent consideration of up to $300 million. The transaction is subject to customary closing conditions, including regulatory review, and is expected to close in the first half of fiscal year 2018.

McKesson Corporation, currently ranked 5th on the FORTUNE 500, is a healthcare services and information technology company dedicated to making the business of healthcare run better.

The Simpson Thacher team includes Kirsten Jensen, Eric Swedenburg, Austen Heim, Andrew Simon-Rooke and Gabriel Weiner (M&A); Tristan Brown and Paul Barrus (Executive Compensation & Employee Benefits); and Marcela Robledo (IP).