Home » ACCREDO SHAREHOLDERS APPROVE MERGER WITH MEDCO
ACCREDO SHAREHOLDERS APPROVE MERGER WITH MEDCO
As expected, shareholders on Wednesday overwhelmingly approved the sale of Accredo Health Inc. to Medco Health Solutions Inc. for $2.2 billion. The deal makes Medco the nation's largest specialty pharmacy, generating more than $4 billion a year, and positions Accredo for more growth opportunities. About 72 percent of Accredo shareholders attended a special meeting or voted by proxy, with more than 72 percent of shares voting for the merger.
Memphis Business Journal (http://www.bizjournals.com/memphis/stories/2005/08/15/daily25.html?from_rss=1)
(http://www.bizjournals.com/memphis/stories/2005/08/15/daily25.html?from_rss=1)
KEYWORDS FDAnews Drug Daily Bulletin
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