Cardinal Health unveils plans for spinoff

09/29/2008 | · (free registration)

Cardinal Health announced plans to spin off its clinical and medical-products units but intends to keep its radiopharmaceutical business. The tax-free spinoff, which is expected to be finalized by mid-2009, will create a new San Diego-based company that will offer a variety of products, including the Avea and LTV series of ventilators.

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