CareRx Corp T.CRRX

Alternate Symbol(s): CHHHF

Consumer Cyclical Specialty Retail

CareRx Corporation is a Canada-based provider of pharmacy services to seniors living communities. The Company serves over 94,000 residents in over 1,500 senior and other congregate care communities, including long-term care homes, retirement homes, assisted living facilities, and group homes. It supports its home care partners by providing solutions for the supply of chronic medication. It offers a range of medication solutions. Its technology automates the preparation and verification of multi-dose compliance packaging of medication, providing the safety and adherence for individuals with complex medication regimes. Its network of pharmacy fulfillment centers delivers solutions for the supply of chronic medication and other specialty clinical pharmacy services. The Company provides services in rural and urban areas throughout Ontario, Alberta, British Columbia, and parts of Saskatchewan. It works with home operator partners to promote resident health, staff education and others.

TSX:CRRX - Post by User

CareRx Corp

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Comment by TheRock07on Aug 22, 2016 8:17pm

196 Views

Post# 25165901

RE:Takeover by McKesson underway

Absolutely .
CHH has had several unsolicitated expressions of interest over the past year and obviously McKesson was one of these.

At some point over the next year or so, we will be fully acquired much like IDA and Rexall etc.

Rather unusual and manipulated trading today.

NB started off the day buying about 275,000 shares and then wash traded the price down to $0.33 and then crossed 235,000 to ITG as the last trade of the day.

Not that it matters much.

McKesson has already looked up our skirts and like what they see..

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