{"id":28794,"date":"2012-04-08T21:49:36","date_gmt":"2012-04-09T01:49:36","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28794"},"modified":"2012-04-08T21:49:36","modified_gmt":"2012-04-09T01:49:36","slug":"express-scripts-merger-with-medco-wins-approval","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/04\/08\/express-scripts-merger-with-medco-wins-approval\/","title":{"rendered":"Express Scripts Merger with Medco Wins Approval"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vd543b528304ecef21cfd9ec6fdb2a1e7380e226a&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vd543b528304ecef21cfd9ec6fdb2a1e7380e226a&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>The Financial Trade Commission has granted approval today of the merger between Express Scripts and Medco Health Solutions. The $29.1 billion bid will create the biggest manager of prescription-drug benefits for corporate and government clients. The FTC investigated for eight months and ultimately approved the merger by a three-to-one vote of the commissioners. Bloomberg reported, citing Adam Fein, that the combined Express-Medco company would handle 34 percent of prescriptions in the U.S. On the news Express Scripts shares are soaring, up almost 4.5% to $56.45.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/04\/08\/1_w8ka7p1o_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/04\/08\/1_w8ka7p1o_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Trade Commission has granted approval today of the merger between Express Scripts and Medco Health Solutions. The $29.1 billion bid will create the biggest manager of prescription-drug benefits for corporate and government clients. The FTC investigated for eight months and ultimately approved the merger by a three-to-one vote of the commissioners. Bloomberg reported, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/04\/08\/express-scripts-merger-with-medco-wins-approval\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Express Scripts Merger with Medco Wins Approval&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28794","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28794"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28794\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}