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Will Senators spark FTC review of CVS Caremark? (from Corporate Dealmaker)

When CVS Corp. combined with pharmacy benefits manager Caremark Rx Inc. for $26 billion, creating CVS Caremark Corp. (NYSE:CVS) in 2007, some heads turned at the drugstore's aggressive move into PBM, where it faces possible conflicts of interest.Lately, objections to CVS' dual role as both a major seller of medicines...

Posted on July 31, 2009 2:01 PM

CVS may acquire Aetna's PBM business (from Corporate Dealmaker)

In 2007, CVS Corp. combined with pharmacy benefits manager Caremark Corp. for $26 billion, creating CVS Caremark Corp. (NYSE:CVS). Now, CVS may be looking to expand on that deal and acquire the 11.2 million member pharmacy-benefit management business of health insurer Aetna Inc. (NYSE:AET).The Wall Street Journal, citing people familiar...

Posted on July 27, 2009 11:12 AM