McKesson to buy CoverMyMeds for $1.1 bln

McKesson Corp. said Jan. 25 that it has agreed to buy CoverMyMeds for about $1.1 billion. The deal includes another $300 million of consideration contingent upon CoverMyMeds financial performance through fiscal 2019, McKesson said. CoverMyMeds, of Columbus, Ohio, is a healthcare software company backed by Francisco Partners.

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