Skepticism grows around Medco/Express Scripts deal

WASHINGTON (Reuters) – Objections to Express Scripts’ $ 29 billion plan to buy rival pharmacy benefits manager Medco Health Solutions are accumulating as U.S. antitrust regulators weigh whether they have enough evidence to stop the megamerger. The Food Marketing Institute, which represents the biggest grocery chains, sent a letter to the Federal Trade Commission on February 2 saying the merged company would be able to cut payments to supermarket pharmacies that already operate at very tight margins. …
Business News Headlines – Yahoo! News

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Posted by H. Adam on Feb 6 2012. Filed under BUSINESS. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry