Summary
McKesson Corporation (MCK) filed an 8-K on March 17, 2020, to announce the completion of its exit from its investment in Change Healthcare LLC. This event marks a significant strategic move, freeing up capital and simplifying the company's operational focus. The filing includes a press release that also provided an updated Adjusted Earnings per diluted share (EPS) forecast for the full fiscal year 2020, indicating the company's revised financial outlook following this divestiture.
Key Highlights
- 1McKesson has completed the exit of its investment in Change Healthcare LLC.
- 2A press release was issued on March 17, 2020, detailing the completion of the Change Healthcare divestiture.
- 3The company provided an updated Adjusted Earnings per diluted share (EPS) forecast for the full fiscal year 2020.
- 4This 8-K filing is primarily for Regulation FD disclosure, providing forward-looking information.
- 5The information furnished is not deemed 'filed' for Section 18 of the Exchange Act purposes, but is publicly available.
- 6Exhibit 99.1 contains the full press release with the updated financial guidance.