Seeking Alpha

Express Scripts (ESRX) is up 9.2% premarket, and Medco (MHS) up 20.7%, following their merger...

Express Scripts (ESRX) is up 9.2% premarket, and Medco (MHS) up 20.7%, following their merger announcement. During their CC, the companies express confidence about the deal meeting with regulatory approval. The fact that UnitedHealth (UNH) will be abandoning Medco in 2013 could help their cause. (PR)
Comments (1)
  • Jessie Livermore
    , contributor
    Comments (17) | Send Message
     
    if you had a takeover offer of $71.36 a share, why would you sell for under $64? I thought these were the type of setups that the arbitrageurs love.
    21 Jul 2011, 09:53 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector