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Cardinal Health Remains Firmly Negative After Early Sell-Off

After falling sharply early in the session, shares of Cardinal Health (CAH) continue to see significant weakness in afternoon trading on Tuesday. Cardinal Health is currently down by 11.5 percent after hitting its lowest intraday level in almost three months.

The early sell-off by Cardinal Health came after the drug distributor announced an agreement to acquire Medtronic's (MDT) Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency businesses for $6.1 billion in cash.

by RTT Staff Writer

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