Drugstore.com Announced Agreement for Asset Sale

drugstore.com (DSCM) has entered into an agreement with BioScrip (BIOS), to sell its assets to BioScrip Pharmacy Services for $10.9 million, subject to certain adjustments. BioScrip will pay $5.9 million at the closing of the sale, subject to adjustment for changes in inventory, and approximately $5.0 million into escrow over the 12 months following the closing. – Globe Newswire

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