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Henry Schein Inc. (HSIC) Is Sinking On FTC Allegations

The FTC has accused Henry Schein Inc. (HSIC) of participating in a conspiracy to refuse to provide discounts to, or compete for, the business of buying groups. The company announced Tuesday morning that it believes that the FTC allegations are meritless and intends to defend itself vigorously.

Henry Schein gapped open sharply lower Tuesday morning and is now down 7.35 at $64.82 on above average volume. The stock has dropped to a new low for the year.

by RTTNews Staff Writer

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