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Wednesday, November 25, 
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Just in: CVS increases Caremark bid

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Published March 8, 2007 at 2:59 PM
CVS has upped its offer for Caremark, boosting the special dividend to Caremark and expanding a post-merger share buyback that could boost the buyer’s shares now, increasing value of stock swap. The move comes a day after rival bidder Express Scripts sweetened its own offer for the pharmacy benefits manager following legal and regulatory setbacks.

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