ALCO NAME CHANGE TO AMERISOURCE SUGGESTS BROADER NATIONAL
Executive Summary
ALCO NAME CHANGE TO AMERISOURCE SUGGESTS BROADER NATIONAL interests for the Malvem, Penn. wholesaler and may indicate that Alco is preparing to emerge from its focus on cost-trimming and attempt to rejoin the acquisition race in the wholesale business. Since the 1988 failed McKesson merger and subsequent management buy-out, Alco has been working to reduce its overhead costs and handle the high mounts of borrowings associated with the leveraged deal.