Drugstore.com Announced Agreement for Asset Sale

drugstore.com (DSCM) has entered into an agreement with BioScrip (BIOS), through its BioScrip Pharmacy Services subsidiary, to sell the assets of its pharmacy for $10.9 million, subject to certain adjustments. BioScrip will pay $5.9 million at the closing of the sale, subject to adjustment for changes in inventory, and approximately $5.0 million into escrow over [...]