Cardinal Health Stock Gains Following Two Strategic Acquisitions

Cardinal Health (CAH) recently announced that it has entered into definitive agreements to acquire two companies. These agreements are likely to accelerate Cardinal Health's strategic growth areas along with enhancing patient care. CAH is likely to acquire a majority stake in GI Alliance ("GIA"), along with acquiring the Advanced Diabetes Supply Group ("ADSG"). GIA is the country's leading gastroenterology management services organization ("MSO"), from a combination of GIA physician owners and funds managed ...