Just out minutes ago: May 7 (Reuters) - Fred’s Inc: * FRED’S REACHES DEFINITIVE AGREEMENT TO SELL SPECIALTY PHARMACY UNIT * FRED’S REACHES DEFINITIVE AGREEMENT TO SELL SPECIALTY PHARMACY UNIT * FRED’S INC - AGGREGATE CONSIDERATION TO BE PAID IS $40.0 MILLION, PLUS AN AMOUNT EQUAL TO VALUE OF INVENTORY OF ENTRUSTRX
* FRED’S INC - REACHED AGREEMENT TO SELL CERTAIN ASSETS OF ENTRUSTRX TO A SUBSIDIARY OF CVS HEALTH CORP * FRED’S INC - CASH PROCEEDS FROM DEAL WILL ALLOW CO TO PAY DOWN A SIGNIFICANT PORTION OF DEBT Go Fred!!! AH up 13.5% and climbing!
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