Perelman’s Discount Drug Company Said to Weigh Sale Interest (1)

Ronald Perelman’s RxSaver is weighing a potential sale as it talks with suitors in a crowded market for services that save consumers money on prescription drugs, according to people with knowledge of the situation.

The drug discounter, part of online coupon provider RetailMeNot Inc., is in talks with potential bidders who expressed interest in buying the company’s assets, said the people, who asked not to be identified discussing a private matter. RxSaver hired investment bankers at Credit Suisse to serve as its financial adviser to manage the process, the people said.

Ronald Perelman

Photographer: Chris Goodney/Bloomberg

Backed by Perelman’s MacAndrews & Forbes Inc. ...