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Merck to acquire PBM Medco Containment Services
13 Jul 1999
Executive Summary
Merck has agreed to acquire Medco Containment Services Inc. (prescription drug management services) for approximately $6 billion, creating the first combined research-based manufacturer/distributor/pharmacy benefit manager.
Deal Industry
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Cash
- Payment Includes Stock
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Merck to acquire PBM Medco Containment Services
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