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Caremark/CVS Merger: Stunning News

Started by Karoli · 1 year ago

From ABC News:

Drugstore operator CVS Corp. announced Wednesday it is buying pharmacy benefits manager Caremark Rx Inc. for about $21.3 billion in stock.

The deal, which the companies described as a “merger of equals,” would create a drug benefit manager that can take on retail leader Wal-Mart’s growing presence in generic drug sales, analysts said. […] ... Continue reading »

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