SXC to buy Catalyst in $4. 4 billion drug benefit deal
(Reuters) – SXC Health Solutions Corp said it will buy rival pharmacy benefit manager Catalyst Health Solutions Inc for $4. 4 billion as it seeks to keep pace in the rapidly consolidating market for managing Americans’ prescriptions. The deal comes only two weeks after Express Scripts Inc closed its $29 billion acquisition of Medco Health Solutions, creating the clear leader in the pharmacy benefit management (PBM) sector. . . .
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