Monday 25 July 2011

Medco Investor Claims $29.1 Billion Express Scripts Deal Undervalues Stock

A Medco Health Solutions Inc. shareholder filed a lawsuit claiming the company’s purchase by Express Scripts Inc. for $29.1 billion undervalues the stock. Medco directors and executives breached their duty to get the best price before announcing the $71.36-a-share offer in cash and stock last week ...

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