Navigation Links
Medco Shareholders Approve Merger With Express Scripts

FRANKLIN LAKES, N.J., Dec. 21, 2011 /PRNewswire/ -- Shareholders of Medco Health Solutions, Inc. (NYSE: MHS) today approved a proposed merger with Express Scripts.


With approximately 72 percent of the shares entitled to vote present in person or by proxy at a special meeting held today, shareholders adopted the Agreement and Plan of Merger dated July 20, 2011 by a margin of 99 percent to one percent, based on a preliminary tabulation.

In a non-binding advisory vote, shareholders also approved certain merger-related compensation arrangements for Medco's executive officers by a margin of 95 percent to five percent, based on a preliminary tabulation.

The merger is pending a parallel meeting of Express Scripts shareholders, required governmental consents, and other customary closing conditions.  Medco expects the merger transaction to close in the first half of 2012.

About Medco

Medco Health Solutions, Inc. (NYSE: MHS) is pioneering the world's most advanced pharmacy® and its clinical research and innovations are part of Medco making medicine smarter™ for more than 65 million members.

With more than 20,000 employees dedicated to improving patient health and reducing costs for a wide range of public and private sector clients, and 2010 revenues of $66 billion, Medco ranks 34th on the 2011 Fortune 500 list and is named among the world's most innovative, most admired and most trustworthy companies. 

For more information, go to

This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release should be evaluated together with the risks and uncertainties that affect our business, particularly those mentioned in the Risk Factors section of the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.       


SOURCE Medco Health Solutions, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Combining Express Scripts and Medco Health Solutions Will Help Protect Americans From the Rising Costs of Prescription Medicine
2. Express Scripts and Medco Save Americans Tens of Billions in Healthcare Costs, New Economic Report Shows
3. National Coalition Continues Fight to Stop the Express Scripts/Medco Merger in Nations Capitol
4. Medco Research Institute Study Shows Some Patients Discontinue New Anticoagulant Drug Early, Which May Increase Stroke Risk
5. Nationwide Coalition Joins Reps. Courtney & Marino Outside U.S. Capitol To Oppose Express Scripts/Medco Merger
6. Lawmakers, Pharmacists Rally Against Express Scripts-Medco Merger Proposal at U.S. Capitol
7. Nationwide Coalition Issues Call To Action To Stop Express Scripts/Medco Merger
8. Nationwide Coalition Opposes Express Scripts/Medco Merger
9. Medco, Quest Diagnostics Personalized Medicine Study Yields Additional Clues about Patient Engagement
10. Medco Wins 2011 URAC Award for Best Practices in Health Care Consumer Empowerment and Protection
11. Merger of Express Scripts and Medco Health Solutions Will Address the Bipartisan Mandate for Safer, More Affordable, Higher Quality Healthcare
Post Your Comments:
(Date:11/30/2015)... 30, 2015 Next week, December 2-3, ... (DoT ) co-located events covering the latest in Medtech ... Things, will draw more than 3,000 design industry professionals ... Center. The events, combined show floor will host more ... --> --> BIOMEDevice features ...
(Date:11/30/2015)... BOCA RATON, Fla. , Nov. 30, 2015 ... Public Research (the Institute) announced today that it ... a medical device start-up company with technology developed at ... based on publicly-funded research, and bridges early funding gaps ... -based universities and research institutions. ...
(Date:11/30/2015)... , Nov. 30, 2015  Kevin Smith has ... Healthcare, a global pioneer in wireless monitoring of ... Boston, MA , Mr. Smith will be ... global commercial strategy.  He will also directly oversee ... build clinical evidence for SensiumVitals, the first early ...
Breaking Medicine Technology:
(Date:12/1/2015)... , ... December 01, 2015 , ... ... Field for Effective Post-Affiliation Integration ,” addresses a main “pain point” for merging ... the anticipated results, once a deal is signed. This quick-read guidance suggests ...
(Date:12/1/2015)... ... December 01, 2015 , ... Nurotron Biotechnology Co., Ltd., maker of cochlear implant ... , The order will be from the China Disabled Persons’ Federation, a central ... an effective solution for children and adults suffering from severe and profound hearing ...
(Date:11/30/2015)... ... November 30, 2015 , ... Third ... today that it has officially launched a sleek, mobile-ready and user-centric redesigned website. ... company’s new website clearly outlines the benefits that its SEO services provide to ...
(Date:11/30/2015)... Garden City, NY (PRWEB) , ... December 01, ... ... (NAPW) honors Christina Colon as a 2015-2016 inductee into its ... for leadership in pharmacy. NAPW is the nation’s leading networking organization exclusively for ...
(Date:11/30/2015)... ... December 01, 2015 , ... Live Very Well is excited ... plans on . The multi-carrier insurance exchange platform offers individual vision ... consumers to compare, quote and match plans to meet their needs. , ...
Breaking Medicine News(10 mins):