Cramer, citing sources, says the Bezos-Buffett-Dimon project appears to cut out drug distributors


Jeff Bezos, Warren Buffett and Jamie Dimon.

Getty Pictures (l) | CNBC (c-r)

Jeff Bezos, Warren Buffett and Jamie Dimon.

Leisurely Monday, The Wall Avenue Journal reported that Walgreens approached Amerisource about buying the three-quarters of the agency it does now not already occupy. Amerisource shares skyrocketed greater than 25 percent after-hours Monday, and were up greater than eight percent monotonous morning Tuesday.

Despite being a perchance unstable switch for Walgreens, Cramer acknowledged it is a mountainous time for Amerisource to promote itself.

“I would promote” as a consequence of Amazon “desires to cut out the middleman,” acknowledged Cramer, host of “Angry Money.”

Amazon has made varied attempts to enter the health-care industry. CNBC has beforehand reported the e-commerce giant change into once in talks with generic drugmakers about a doable entry into the pharmacy house.

The Journal reported Tuesday that Amazon is gearing as much as launch a greater providing within the scientific affords commerce, sending shares of health-care dealer and services and products firms McKesson, Cardinal Neatly being and Owens & Minor decrease.

No longer one among the companies talked about were straight readily available to reply to CNBC’s query for statement.


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