Monday, April 02, 2012

Medco Health Solutions = Done Deal

It’s finally a done deal as the FTC gave the go ahead for Express Scripts (Ticker: ESRX) to complete its takeover of Medco Health Solutions (Ticker: MHS). Medco Health Solutions shareholders will receive $28.80 in cash and 0.81 shares of Express Scripts. I’ll probably hang onto the shares of Express Scripts as this merger will provide powerful synergies for the combined firm. I can see Express Scripts easily going to $60 plus with the takeover of Medco Health Solutions based on the fact that the FTC required NO divestitures from either company.


Post a Comment

<< Home