Monday, April 2, 2012

Reuters: Regulatory News: US FTC clears Express' Medco buy after long review

Reuters: Regulatory News
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US FTC clears Express' Medco buy after long review
Apr 2nd 2012, 12:18

April 2 | Mon Apr 2, 2012 8:18am EDT

April 2 (Reuters) - U.S. antitrust regulators approved Express Scripts Inc's purchase of rival Medco Health Solutions Inc, the Federal Trade Commission said on Monday, following a contentious eight-month review.

The $29 billion deal, first announced in July, combines two of the three largest U.S. pharmacy benefit managers into the clear industry leader. Separately, the companies announced they completed the deal.

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