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“November 9, 1998 Intelligence: Late Breaking Lab News”

HBO & Co. is the latest to fall victim to consolidation mania. McKesson, Inc. is purchasing HBO for $14 billion in stock. McKesson wants to complement its services as a pharmacy benefits manager with HBO’s extensive health information system capabilities. Combined, the two companies will have more than $21.0 billion in annual revenue. MORE ON:…HBO …

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