PSS World will sell dental business for $68M
JACKSONVILLE, Fla. (AP) — Medical supplies distributor PSS World Medical Inc. said Thursday it agreed to sell its specialty dental business to a private equity management firm for $68 million.
PSS World said it sold the business to Beecken Petty O'Keefe & Co. of Chicago. PPS World said it will focus on its physician, laboratory, dispensing, and home care and hospice businesses after the sale.
Shares of PSS World Medical lost 20 cents to $23.07 in morning trading.