Bergen Brunswig Corp.: The Orange pharmaceuticals supplier...
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Bergen Brunswig Corp.: The Orange pharmaceuticals supplier said Friday that it has agreed to buy Colonial Healthcare Supply Co. for an undisclosed amount of cash. Colonial, based in Lake Zurich, Ill., is a distributor of medical and surgical products. It had revenue of $180 million last year. The acquisition requires regulatory approval and approval by Colonial’s shareholders, but investors holding a 68% stake in Colonial already have agreed to the deal, Bergen said.
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