An Ermer Law Group PLLC service providing Federal Employees Health Benefits Program and general health benefits law and policy information -- but not legal advice
Monday, December 18, 2006
More Caremark Merger News
Caremark and CVS responded to Express Script's competing bid for Caremark with measured press releases describing their agreement as "definitive" and stating that Caremark's board of directors will take the ESI proposal under advisement. The stock market responded by boosting Caremark's common stock price from $50.30 per share to $55.28 per share as investors expect a bidding war over Caremark.