21 States Reject $18 Billion Bid to Settle Opioid Litigation
Attorney generals in 21 states rejected an offer from three drug wholesalers for their roles in the opioid crisis in the U.S. According to a report from The Wall Street Journal, an $18 billion offer was not enough for a global solution, with some states were looking for a settlement as high as $32 billion.
The three companies involved in the offer were McKesson (NYSE: MCK), AmerisourceBergen (NYSE: ABC), and Cardinal Health (NYSE: CAH). They were reportedly in talks since October and were looking to make the $18 billion payment over a period of 18 years.
Source Fool.com
