ALISO VIEJO — McKesson Corp. said Thursday that it is selling about a fifth of the stock in Armor All Products Corp. to the public so it can concentrate on its main business of distributing drugs to pharmacies.
Only 17% of Armor All's 21 million shares are publicly traded now; McKesson, based in San Francisco, owns the rest. With another 4.5 million shares, or 22% of the total, on the market, McKesson said, buying and selling the stock will be easier for investors.
