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)