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Thursday, November 17, 2011

SXC Health to purchase U.S.-based private co for $250 mln, (TSE: SXC.TO), (NASDAQ: SXCI)

SXC Health Solutions Corp said it will purchase privately-held company HealthTrans LLC for $250 million in cash to expand its healthcare benefit management portfolio. Denver, Colorado-based HealthTrans offers claims processing solutions and pharmacy benefit management (PBM) services.

SXC Health Solutions Corp. (SXC) is a provider of pharmacy benefit management (PBM) services and healthcare information technology (HCIT) solutions. Shares of SXC remained unchanged at $50.57. In the past year, the shares have traded as low as $37.88 and as high as $62.64. On average, 134156 shares of SXC.TO exchange hands on a given day and today's volume is recorded at 129572.

SXC Health Solutions Corp. (SXC) is a provider of pharmacy benefit management (PBM) services and healthcare information technology (HCIT) solutions. Shares of SXCI remained unchanged at $49.56. In the past year, the shares have traded as low as $37.28 and as high as $66.40. On average, 564635 shares of SXCI exchange hands on a given day and today's volume is recorded at 0.



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