Thursday, July 21, 2011
Express buy of Medco rouses consumer foes
By Susan Daker | 07-21-11 | 03:35 PM | E-mail Article Express Scripts' more than $29 billion purchase of Medco Health Solutions is a rare bit of good news for Fidelity Magellan , which has defied the family's efforts to shake the fund out of itsExpress Scripts Inc. (ESRX, $55.80, +$3.26, +6.20%) agreed to buy Medco Health (MHS, $64.58, +$8.80, +15.78%) for $29.1 billion in cash and stock, a deal that combines two of the largest US pharmacy-benefit managers at a time when health-care
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