Welcome to our dedicated page for Cencora news (Ticker: COR), a resource for investors and traders seeking the latest updates and insights on Cencora stock.
Cencora Inc. (NYSE: COR) operates at the core of global healthcare distribution, connecting pharmaceutical manufacturers with providers worldwide. This page aggregates official announcements and verified news covering strategic developments across its pharmaceutical distribution networks, manufacturer partnerships, and specialty logistics operations.
Investors and industry professionals will find comprehensive coverage of earnings updates, regulatory milestones, supply chain innovations, and strategic acquisitions. Track COR’s progress in enhancing healthcare access through its commercialization services for drug manufacturers and temperature-controlled logistics via World Courier.
Key updates include expansions in animal health distribution through MWI Animal Health, partnerships with healthcare providers, and operational developments following the Alliance Healthcare integration. All content is curated to support analysis of COR’s role in the evolving pharmaceutical wholesale sector.
Bookmark this page for streamlined access to Cencora’s latest press releases and market-moving updates, essential for monitoring one of healthcare’s critical infrastructure providers.
CoreSite Realty Corporation, a subsidiary of American Tower, announced tax reporting information for its 2021 distributions. Following the acquisition by American Tower on December 28, 2021, CoreSite's shares ceased trading on the NYSE. Stockholders are advised to consult tax advisors regarding their specific tax treatment. For the year, CoreSite reported cash distributions per share, including ordinary taxable dividends and capital gain distributions, emphasizing that there were no non-dividend distributions for the tax year ending December 28, 2021.
American Tower Corporation (NYSE: AMT) has successfully completed its acquisition of CoreSite Realty Corporation (NYSE: COR) following a tender offer for CoreSite's outstanding shares. The acquisition was financed through borrowings under American Tower’s credit facilities and term loans. CEO Tom Bartlett expressed optimism about leveraging CoreSite's data centers to enhance growth opportunities amidst the rise of 5G and cloud services. The acquisition is expected to be modestly accretive to American Tower’s AFFO per Share initially, with potential for increased accretion over time.
American Tower Corporation (NYSE: AMT) announced the expiration of its tender offer for CoreSite Realty Corporation (NYSE: COR) shares, completing the acquisition via a merger with its subsidiary, Appleseed Merger Sub LLC. The tender offer, which ended on December 27, 2021, resulted in 31,443,126 shares tendered, accounting for approximately 71.15% of CoreSite's outstanding shares. CoreSite will merge into American Tower on December 28, 2021, with its shares ceasing to trade on the NYSE. Each CoreSite share will convert to $170.00 in cash, matching the tender offer price.
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