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Monday, January 12, 2015

AmerisourceBergen to acquire MWI Veterinary Supply for about $2.5 bln, (NASDAQ: MWIV)

Pharmaceutical products distributor AmerisourceBergen Corp said it will purchase MWI Veterinary Supply Inc, an animal health products distributor, for about 2.5 billion. AmerisourceBergen said it will pay $190 per MWI share, representing a premium of about 8 percent over the stock's Friday close.

MWI Veterinary Supply, Inc. (MWI) is a distributor animal health product to veterinarians across the United States and United Kingdom. Shares of MWIV fell by 0.79% or $-1.4/share to $175.65. In the past year, the shares have traded as low as $129.75 and as high as $188.40. On average, 98584 shares of MWIV exchange hands on a given day and today's volume is recorded at 72770.