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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 10, 1996
OMNICARE, INC.
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(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
1-8269 31-1001351
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(Commission File Number) (IRS Employer Identification No.)
2800 Chemed Center, 255 E. Fifth Street, Cincinnati, Ohio 45202
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code:(513) 762-6666
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Item 5. Other Events
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On May 10, 1996, Omnicare, Inc. issued the following press release:
CINCINNATI, OHIO, MAY 10, 1996 . . . Omnicare, Inc. (NYSE:OCR) has been
informed that the previously announced government investigation of its
institutional pharmacy subsidiary in Belleville, Illinois is focused solely
on that site, and that Omnicare and its other operating units are not
targets of this investigation.
The Company was informed by representatives of the U.S. Attorney's
office in the Southern District of Illinois that the sole focus of the
investigation is Home Pharmacy Services, Inc., a wholly-owned subsidiary of
Omnicare in Belleville, and certain individuals at that unit.
The progress and timing of the investigation is entirely at the
discretion of the government authorities. We are cooperating fully with
their efforts and will work as diligently as possible to help them bring
this matter to a conclusion.
Home Pharmacy Services continues to provide complete pharmacy services
without interruption to nursing home residents in the region.
Omnicare acquired Home Pharmacy Services in June 1992. The pharmacy
operation accounted for less than 5% of Omnicare's total sales and earnings
in 1995.
Omnicare, Inc. is the leading independent provider of professional
pharmacy and related consulting services for long-term care institutions
such as nursing homes, retirement centers and other institutional health
care facilities.
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SIGNATURE
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Omnicare, Inc.
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(Registrant)
Date: May 16, 1996 By: /s/ David W. Froesel, Jr.
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David W. Froesel, Jr.
Senior Vice President and
Chief Financial Officer
(Principal Financial Officer)
