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CVS Health in $48 million settlement of lawsuit over stock plunge

Business & Finance : Business Insider: Money Game

(Reuters) - CVS Health Corp reached a $48 million settlement of a lawsuit accusing the U.S. drugstore operator of fraudulently concealing a big loss of revenue in its pharmacy benefits manager business, culminating in a plunge in it...

CVS Health quarterly revenue increases 10 percent

Business & Finance : Business Insider: Money Game

(Reuters) - CVS Health Corp, the second-largest U.S. drugstore chain, reported a 10.3 percent rise in quarterly net revenue, helped by strong demand for its pharmacy benefit management services. Net income attributable to the compan...

CVS Health to buy Omnicare in $12.7 billion deal

Business & Finance : Business Insider: Clusterstock

(Reuters) - Drugstore operator CVS Health Corp said it will acquire pharmacy service provider Omnicare Inc for an enterprise value of about $12.7 billion. The $98 per share offer represents a premium of 4 percent over Omnicare's clo...

CVS Health buying more than 1,660 pharmacies from Target

United States / Los Angeles : LA Times: Local

CVS Health Corp. said it was spending about $1.9 billion to buy Target Corp.'s health and clinic businesses, expanding the drugstore chain's reach as the baby boomer generation continues to age.

CVS Health to Buy Target's Pharmacy Business for $1.9 Billion

Technology : News Week: Technology and Science

June 15 (Reuters) - Drugstore operator CVS Health Corp said it will acquire Target Corp's U.S. pharmacy and clinics businesses in a $1.9 billion deal that will help it bargain with drug makers for lower prices. CVS, the second-large...

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