Tuesday, April 22, 2008

Medco Keeps UnitedHealth as Drug-Benefits Customer

Medco is hanging on to its biggest fish.
The pharmacy benefits manager said this morning that insurance giant UnitedHealth Group will stick with Medco in a contract that lasts through the end of 2012.
The news sent Medco’s shares up 7% in morning trading, after there had been fear on Wall Street that United might take the [...]

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