Express Scripts' Buy of WellPoints PBM Benefits Both Companies

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Pharmacy benefits manager Express Scripts Inc.'s $4.675 billion acquisition of health insurer WellPoint Inc.'s in-house drug-benefits operation appears to benefit both companies.

From The Wall Street Journal

Despite that, though, potential sellers and industry observers don't see the deal sparking a consolidation movement in the fragmented PBM industry.

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Tags: business, st Louis, express scripts, wellpoint