Omnicare Inc OCR offered to buy PharMerica Corp PMC for $441 million in cash.
The offer of $15 per share represents a 37% premium to PharMerica's closing price on Monday. The transaction will be worth around $716 million, including PharMerica's net debt.
OCR shares gained 3.53% to $27.85 in pre-market trading, while PMC shares jumped 37.69% to $15.05 in pre-market trading.
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