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Express Scripts says ready to raise Caremark bid
Reuters   Friday, 16 March 2007

A pedestrian walks past a CVS drugstore in Boston, November 1, 2006. Shareholders of CVS Corp., the No. 2 U.S. drugstore chain, on Thursday approved the company's $23.9 billion plan to buy pharmacy benefits manager Caremark Rx Inc. (Brian Snyder/Reuters)Reuters - Express Scripts Inc. said on Thursday it is "firmly committed" to raising the cash part of its $27.8 billion offer for Caremark Rx Inc. if it can find more synergies through a possible deal with the rival pharmacy benefit manager.


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