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Walgreen Co. Message Board

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  • cmxgen cmxgen Jul 28, 2010 10:43 AM Flag

    Aetna Contracts CVS Caremark to Run Its PBM

    Robb I think this deal was structured in this manner to avoid FTC review.
    Key points I see:

    *Aetna employees will now work for Caremark (from the numbers it sounds like a mail order facility that was "sold" to Caremark).

    *Aetna wanted to unload its PBM.

    *Long Term deal

    I am waiting to see what is disclosed on the conference call and 10Q.
    I recall the "merger of equals", but it was actually a CVS acquisition of Caremark.

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