Specialty pharmaceutical companies are still in strong demand, and so are specialty pharmacies. Three deals in the first quarter of 2015 have been announced, the most recent being last week’s $66 million acquisition of Reeves-Sain Drug Store, Inc., a private specialty and retail pharmacy company, by Fred’s Inc. (NASDAQ: FRED). Fred’s sells general merchandise through 661 retail discount stores and full-service pharmacies in the southeastern United States. This transaction nets it a single Reeves-Sain retail pharmacy in Murfreesboro, Tennessee, and Columbus, Mississippi.
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