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
March 3, 1997
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
CARDINAL HEALTH, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
OHIO 0-12591 31-0958666
(STATE OR OTHER (COMMISSION (IRS EMPLOYER
JURISDICTION OF FILE NUMBER) IDENTIFICATION NO.)
INCORPORATION)
5555 GLENDON COURT, DUBLIN, OHIO 43016
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
(614) 717-5000
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)<PAGE>
ITEM 5. OTHER EVENTS
The waiting period under the Hart-Scott-Rodino
Antitrust Improvements Act of 1976, as amended, applicable to
the pending merger between the Registrant and Owen
Healthcare, Inc. ("Owen") expired at 11:59 p.m. on Monday,
March 3, 1997. A press release issued jointly by the
Registrant and Owen on March 4, 1997 relating to the
expiration of the waiting period is filed as Exhibit 99.1
hereto and is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS.
Exhibit 99.1 Press Release dated March 4, 1997.
-2-<PAGE>
SIGNATURE
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 hereunto
duly authorized.
CARDINAL HEALTH, INC.
Dated: March 4, 1997 By:/s/ George H. Bennett, Jr.
George H. Bennett, Jr.
Executive Vice President,
General Counsel and
Secretary<PAGE>
EXHIBIT INDEX
Exhibit No. Title
----------- -----
99.1 Press Release dated March 4, 1997.
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
TUESDAY, MARCH 4, 1997
CONTACTS:
CARDINAL HEALTH, INC.
Debra Dendahl Hadley
Director, Investor Relations
(614) 717-7481
OWEN HEALTHCARE, INC.
Stephen A. Drury
Executive Vice President
(713) 777-8173
HART-SCOTT-RODINO WAITING PERIOD EXPIRES FOR MERGER
BETWEEN CARDINAL HEALTH AND OWEN HEALTHCARE
DUBLIN, OHIO, AND HOUSTON, TEXAS, MARCH 4, 1997 --
Cardinal Health, Inc. (NYSE: CAH) and Owen Healthcare, Inc.
(NYSE: OWN) announced today that the waiting period under the
Hart-Scott-Rodino Antitrust Improvements Act expired at
midnight last night. The expiration of this waiting period
satisfies a condition under the previously announced merger
agreement between Cardinal and Owen. This agreement is being
submitted to the shareholders of Owen for their approval at a
special meeting scheduled to be held on March 18, 1997.
Subject to such approval, and the satisfaction of other
customary conditions, the companies expect to complete this
transaction before the end of March.
Owen Healthcare, Inc. is the nation's leading provider of
fully integrated contract hospital pharmacy management
services. The company currently has approximately 330 hospital
pharmacy customers located in 43 states.
Cardinal Health, Inc. based in Dublin, Ohio, is one of the
country's leading health care service providers. The company
provides an array of value-added pharmaceutical distribution
services to a broad base of customers nationwide. Through a
number of wholly-owned subsidiaries, Cardinal also provides a
variety of pharmaceutical-related products and services.
###
