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CareRx Corp T.CRRX

Alternate Symbol(s):  CHHHF

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

Bullboard Posts
Post by manic22on Nov 01, 2019 10:08am
122 Views
Post# 30296760

Sale of its Surgical and Medical centres

Sale of its Surgical and Medical centresHere is what they say on page 18 of the "Notice of special meeting of shareholders to be held November 14, 2019":
"Material Changes in the Affairs of the Company
The Company continues to work towards closing the previously announced sale of its Surgical and Medical Centres business to Kensington Private Equity fund and its manager, Kensington Capital Advisors Inc., for a cash price of $35 million. The transaction is expected to close in the near future subject to the satisfaction of all closing conditions, including the receipt of applicable regulatory and third-party approvals."
Bullboard Posts