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FTC OKs Owens & Minor's acquisition plan

Aug. 17, 2006 at 2:28 PM

RICHMOND, Va., Aug. 17 (UPI) -- The U.S. Federal Trade Commission has approved the purchase of McKesson Medical-Surgical assets by Virginia's Owens & Minor Inc.

OMI is buying assets of the acute-care medical and surgical supply distribution business of McKesson Medical-Surgical, a business unit of McKesson Corp.

The $170 million deal is set to close by Oct. 1.