Shares of SXC Health Solutions (SXCI +7.1%) trade higher following the announcement that it will...

|By:, SA News Editor

Shares of SXC Health Solutions (SXCI +7.1%) trade higher following the announcement that it will buy fellow PBM-player Catalyst Health Solutions for $4.4B in cash and stock. The deal will close in H2 of this year and start to kick in to SXCI's adjusted earnings in 2013.