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ID: 28794
Title: CVS finally wins Caremark for $24 bln (Reuters)
Description:

A pedestrian walks past a CVS drugstore in Boston, November 1, 2006. Caremark Rx Inc. shareholders on Friday approved a $24.3 billion takeover offer from drug-store chain CVS Corp., effectively ending a months-long takeover fight with Express Scripts Inc. for the rival pharmacy benefits manager. (Brian Snyder/Reuters)Reuters - Drug-store chain CVS Corp. won the battle to buy Caremark Rx Inc. on Friday, as the pharmacy benefit manager's shareholders approved the $24 billion deal, thwarting a higher bid from Caremark rival Express Scripts Inc.
Category: Business/
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Date Added: March 16, 2007 09:00:15 PM
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