Drug stores seek review of CVS-Caremark deal (Dealscape

An association representing independent pharmacies has asked the Federal Trade Commission to re-examine the 2007 merger that brought together drug retailer CVS and benefits manager Caremark Corp., saying the new entity used sensitive business information to lure customers from independents.

Representatives of the National Community Pharmacist Association, which has 23,000 member pharmacies, met Wednesday with FTC Chairman Jon Leibowitz to discuss problems they said arose from the $26 billion merger that created CVS Caremark Corp.

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NOT A SUBSCRIBER? Drug stores seek review of CVS-Caremark deal Posted on May 14, 2009 2:41 PM An association representing independent pharmacies has asked the Federal Trade Commission to re-examine the 2007 merger that brought together drug retailer CVS and benefits manager Caremark Corp., saying the new entity used sensitive business information to lure customers from independents. Representatives of the National Community Pharmacist Association, which has 23,000 member pharmacies, met Wednesday with FTC Chairman Jon Leibowitz to discuss problems they said arose from the $26 billion merger that created CVS Caremark Corp. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline. 565 in-depth reports of M&A deals in the retail sector 47 company pages related to Pharmacies 6 in-depth transaction records for Caremark 6 in-depth transaction records for CVS 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Skadden Arps Idearc Inc. Deutsche Bank Amusement parks Deb Shops Windstream Corp. Concho Resources Hanna Andersson Tween Brands Edward Bastian		EXISTING USERS Username Password Forget your password? Missing a product?

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