You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Business

PharMerica Corp.

Continue reading below

PharMerica, the drug supply company Omnicare Inc. has targeted with a $440.8 million unsolicited takeover bid, fell after US regulators sued to block the deal. The Federal Trade Commission said Friday that merging the two largest drug suppliers to nursing homes would increase prices for Medicare recipients, passing on the costs to taxpayers. Kentucky-based PharMerica has urged Omnicare to drop its offer.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week