Company News for April 19, 2017

CAH GNC POST

•    Shares of Cardinal Health, Inc. (CAH - Free Report) declined 11.5% after the company entered into a deal to purchase part of Medtronic PLC’s patient monitoring and recovery unit for $6.1 billion, boosting its debt load.

•    Post Holdings Inc’s (POST - Free Report) shares fell 3.8% after the company agreed to buy Weetabix Food Co. in a $1.77 billion deal.

•    Shares of Cabelas Incorporated gained 7.2% after Bass Pro Shops agreed to acquire the company for $5 billion

•    GNC Holdings Inc’s (GNC - Free Report) shares rose 24.7% after the company reported revenues of $644.8 million, outpacing analyst’s expectations of $627.4 million

 

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