Laboratory Corporation of America Holdings (NYSE:LH) is looking for acquisitions. Glenn Eisenberg Executive Vice President and Chief Financial Officer said, "we expect to drive continued profitable growth in our base business. We expect to continue to use our free cash flow generation for acquisitions that supplement our organic growth, while also returning capital to shareholders through our share repurchase program and dividends.

So as we think longer term, in addition to the $25 million that we're taking out, which is more of a short-term cost to take out of the stranded, we feel there's also some other opportunities to take out additional costs within the corporate unallocated as we go forward and then obviously look to see the company through organic growth as well as acquisition growth".