History
Founded in 1971 as Cardinal Foods by Robert D. Walter, it was initially a food wholesaler. After acquiring the Bailey Drug Company in 1979, it began wholesaling drugs as Cardinal Distribution, Incorporated. Following the introduction of the company on the NASDAQ stock exchange in 1983 it began a long string of acquisitions and mergers. It is now traded on the NYSE under symbol (CAH ). As of April, 2010, it was ranked 17th on the Fortune 500 list with 2009 annual revenue of over $99 billion. The firm employs more than 30,000 people worldwide.
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