The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Sun., Jan. 29, 6:14 PM

Slide #35. Cosmos Health, Inc. ZipDoctor, Inc.

Acquirer: Cosmos Health, Inc. (NASDAQ:COSM)
Acquiree: ZipDoctor, Inc.
Details: Cosmos Health, Inc.("the Company")(Nasdaq:COSM),a global healthcare group with proprietary lines of nutraceuticals and distributor of pharmaceuticals, branded generics, OTC medications and medical devices, announced today that it has extended and updated its previously issued non-binding letter of intent to acquireZipDoctor Inc.from American International Holdings Corp (AMIH). Cosmos Health has successfully renegotiated the acquisition price of ZipDoctor to achieve much improved payment terms. The updated letter of intent will remain effective until February 15, 2023.

Cosmos Health is a pharmaceutical wholesaler. Co. imports, exports and distributes pharmaceutical products of brand-name and generic pharmaceuticals, over-the-counter medicines, and a variety of dietary and vitamin supplements. Most of Co.'s business derives from purchasing and reselling branded pharmaceutical products. Co.'s sales force targets mainly wholesale distributors and other healthcare providers. Co. sells its products principally through independent wholesale distributors, but it also sells directly to other healthcare providers such as; clinics, government agencies, independent retail and pharmacies and independent distributors.

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Company Name: 
Cosmos Health Inc
Stock buyback: 
COSM buyback
Website: 
www.cosmoshold.com
Sector: 
Consumer Goods
 

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