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Story Box-ID: 442382

Omnicare 100 East RiverCenter Blvd KY 41011 Covington, United States http://omnicare.com/
Contact Mr Andy Brimmer (212) 355-4449
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Omnicare

Omnicare Issues Statement

(PresseBox) (Covington, )
Omnicare, Inc. (NYSE:OCR) today issued the following statement in response to PharMerica Corporation's (NYSE: PMC) press release.

"We believe that our proposal presents a compelling value proposition for PharMerica stockholders. We disagree with PharMerica's regulatory analysis, and disagree that a $15 per share cash proposal, not conditioned on financing, is 'highly conditional and risky.' We urge PharMerica to sit down with us to engage in meaningful discussions.

"We remain firmly committed to pursuing this transaction and continue to be very confident in our ability to consummate a transaction expeditiously."

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.