PSS hires investment banking firm

Medical supply distributor PSS World Medical has hired investment banking firms Donaldson, Lufkin, & Jenrette Securities of New York to help its board of directors consider ways to increase the value of its stock for its shareholders. Alternatives under consideration may involve the entire company or its separate divisions, according to the Jacksonville, FL, company. PSS World said it would not make further announcements about its work with Donaldson, Lufkin, & Jenrette until the process of evaluating its options was complete.