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Slide #70. Patterson Companies, Inc. — Mercer Mastery
Acquirer:
Patterson Companies, Inc. (NASDAQ:PDCO)
Acquiree:
Mercer Mastery
Details:
Patterson Companies, Inc. (NASDAQ:PDCO) today announced an all-cash purchase agreement to acquire Mercer Mastery, a subsidiary of Mercer Advisors Inc. Through the acquisition, Patterson will gain Mercer's proprietary OnTrack dental practice performance software system.
Patterson Companies is a distributor serving the dental supply markets and animal health supply markets. Co.'s business units are: Patterson Dental, which provides consumable products (including infection control, restorative materials, and instruments); technology and dental equipment; and practice optimization solutions, including practice management software, e-commerce, revenue cycle management, patient engagement solutions, and clinical and patient education; and Patterson Animal Health, which distributes pharmaceuticals, vaccines, parasiticides, diagnostics, prescription and non-prescription diets, nutritionals, consumable supplies and equipment products.
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Hold (2.40 out of 4) 1st percentile
(ranked lower than approx. 99% of all stocks covered)
Analysts' Target Price: PDCO Stock Forecast Based on Zacks ABR data; powered by Xignite |