Business Context and Reporting Period
Company: McKesson Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: November 6, 2006
Event: Announcement of a definitive agreement to acquire Per-Se Technologies, Inc.
Key Financial Metrics
This filing is a current report regarding a corporate event and does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data for McKesson Corporation or Per-Se Technologies, Inc. The filing text does not provide a clear value for any financial metrics.
Material Changes
Merger Agreement: On November 5, 2006, McKesson Corporation, its wholly-owned subsidiary Packet Merger Sub Inc., and Per-Se Technologies, Inc. executed an Agreement and Plan of Merger.
Announcement: A joint press release was issued on November 6, 2006, and a conference call for investors and analysts was held on the same date.
Outlook, Risks, and Contingencies
- Regulatory Process: Per-Se Technologies, Inc. plans to file a proxy statement with the SEC regarding the proposed acquisition.
- Investor Action: Investors and security holders of Per-Se are advised to read the proxy statement and other relevant documents when available, as they contain important information about the acquisition.
- Solicitation: McKesson, Per-Se, and their respective management teams may be deemed to be soliciting proxies from Per-Se stockholders in favor of the acquisition.
- Documentation: The filing incorporates by reference the joint press release (Exhibit 99.1) and the transcript of the investor conference call (Exhibit 99.2).
Key Facts for Investor Verification
- Verify the terms of the Merger Agreement in the upcoming proxy statement filed by Per-Se Technologies, Inc.
- Review the joint press release (Exhibit 99.1) for specific deal terms not detailed in the 8-K summary.
- Monitor the SEC website (www.sec.gov) and company websites (www.mckesson.com and www.Per-Se.com) for the final proxy statement and additional filings.
- Note that this filing does not disclose the purchase price, consideration type, or expected closing date.