American Pharmacy Cooperative, Inc. (APCI) and American Pharmacy Services Corporation (APSC) announced plans to merge the two groups, officials with both organizations said. APCI and APSC have completed a contract formalizing the merger and the APSC shareholders have approved the transaction. Closing of the deal is anticipated to happen in late February or early March 2024. APCI is a cooperative of more than 1,600 independently owned community pharmacies in 31 states. APSC was formed in 1985 and recognized as an independent, member-owned cooperative in 1991. APSC is headquartered in Frankfort, Ky., and serves independent pharmacy members in Kentucky, Indiana, Ohio, West Virginia, Georgia, Illinois, South Carolina, and Tennessee.
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Source: https://www.prnewswire.com/news-releases/apci-apsc-announce-merger-plan-302062319.html