The U.S. Federal Trade Commission has requested additional information on Express Scripts Inc's (ESRX.O) planned acquisition of Medco Health Solutions Inc (MHS.N), the companies said in a regulatory filing.Medco agreed to the $29.1 billion deal in July.The companies said this "second request" from the FTC would extend the deadline for antitrust clearance until 30 days after they have complied with the request, unless the period is terminated sooner by the FTC. (Editing by Bernard Orr)
Express Scripts, Inc. is a pharmacy benefit management (PBM) operating in North America, offering a range of services to its clients, which include health maintenance organizations (HMOs), health insurers, third-party administrators, employers, union-sponsored benefit plans, workers? compensation plans and Government health programs. Shares of ESRX fell by 2.37% or $-1.1/share to $45.34. In the past year, the shares have traded as low as $43.43 and as high as $60.89. On average, 8860180 shares of ESRX exchange hands on a given day and today's volume is recorded at 4690298.
Medco Health Solutions, Inc. (Medco) is a healthcare company. Shares of MHS fell by 1.8% or $-0.97/share to $52.91. In the past year, the shares have traded as low as $44.16 and as high as $66.38. On average, 5563600 shares of MHS exchange hands on a given day and today's volume is recorded at 2082926.
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