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Cardinal Health
The Cardinal Health Corporation NYSE: CAH is a large USA-based
corporation providing services to the healthcare industry.
Founded in 1971 as Cardinal Foods by Robert D. Walter,
it was initially a food wholesaler. Acquiring the Bailey Drug Company
in 1979, it began wholesaling drugs as Cardinal Distribution, Incorporated.
Following the flotation on the company on the NASDAQ
stock market in 1983 it commenced on the long string of acquisitions
and mergers that have made it one of the largest corporations in
the USA.
As of 2005, it was ranked 16th on the Fortune 500
list.
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