AmerisourceBergen Affirms Outlook, May Redeem 'Poison Pill'
20 February 2009 - 8:17AM
Dow Jones News
AmerisourceBergen Corp. (ABC) affirmed its fiscal-2009 outlook
Thursday and said shareholders approved a proposal to redeem the
company's shareholder rights, or "poison pill," agreement.
The pharmaceutical-services company expects fiscal-2009 earnings
from continuing operations of $3.08 to $3.25 a share. Analysts
surveyed by FactSet Research estimate fiscal-2009 earnings of $3.19
a share.
AmerisourceBergen said the proposal to redeem the shareholder
rights agreement isn't binding on the company, and that the board
will take the voting results under advisement.
-By Wallace Witkowski; 415-439-6400;
AskNewswires@dowjones.com