Trade Groups Can't Stall $29B Scripts, Medco Merger

Law360, New York (April 25, 2012, 4:30 PM EDT) -- A Pennsylvania federal judge on Wednesday denied a bid to block the $29.1 billion merger of Express Scripts Inc. and Medco Health Solutions Inc. brought by pharmacy trade groups alleging the deal would stifle competition, finding the plaintiffs failed to show a likelihood of immediate, irreparable injury.

U.S. District Judge Cathy Bissoon's ruling concerned a motion for a preliminary injunction lodged by the National Association of Chain Drug Stores, the National Community Pharmacists Association and nine retail pharmacy companies in a last-ditch effort to block the...
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