Summary
This 8-K filing from Cardinal Health Inc. (CAH) on July 7, 2009, primarily serves as a Regulation FD disclosure regarding its subsidiary, CareFusion Corporation. CareFusion announced the filing of the fourth amendment to its Form 10 Registration Statement with the SEC. This action is a precursor to the planned spin-off of Cardinal Health's clinical and medical products businesses, which will result in CareFusion becoming a publicly traded entity. Investors should note that this filing is not related to Cardinal Health's core ongoing operations but rather provides an update on the progress of the CareFusion separation. The key takeaway is that the process for establishing CareFusion as an independent public company is advancing, as indicated by the updated registration statement. Further details regarding the spin-off and CareFusion's business will likely be found in subsequent filings by both entities.
Key Highlights
- 1Cardinal Health Inc. (CAH) announced an update regarding its subsidiary, CareFusion Corporation.
- 2CareFusion Corporation has filed the fourth amendment to its Form 10 Registration Statement with the SEC.
- 3This filing is a regulatory step in preparation for the planned spin-off of Cardinal Health's clinical and medical products businesses.
- 4Upon completion of the spin-off, CareFusion is expected to become a publicly traded entity.
- 5The 8-K filing includes a press release from CareFusion as an exhibit.
- 6This disclosure is made under Regulation FD.