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Information on acquisition, funding, investors, and executives for McKessonHBOC. Use the PitchBook Platform to explore the full profile.
HBO & Company was acquired by McKesson for $14.1B on Oct 19, 1998. This deal was done in Cash & Stock. Transaction Name
McKesson Corporation is a publicly-traded American company that distributes pharmaceuticals and provides health information technology, medical supplies, and health management tools. The company delivers a third of all pharmaceutical products used or consumed in North America and employs over 51,000 employees.
McKesson occupies the number-one position in the market with annual sales of more than $20 billion (see Table 2), including sales to self- warehousing retailers. McKesson earns 67% of its pharmaceutical revenues through its distribution channels of 150,000 products to 80,000 customers.
Taylor & Mathis developed a six-story, 151,400 SF headquarters building for medical software provider HBO & Company (acquired by McKesson in 1998) at Perimeter Center in Atlanta, Georgia in 1982, and then a second eight-story building containing 162,260 SF in 1989 to accommodate the tenant’s expansion needs.
McKesson Corporation (NYSE: MCK) is a large United States-based corporation specializing in the distribution of health care systems, medical supplies and pharmaceutical products. It is a Fortune Global 500 company, the 18th [1] largest company in the United States and the single largest health care company in the world.
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