Express Scripts Won't Raise Caremark Bid
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NASHVILLE, Tenn. -- Express Scripts Inc., which has been battling CVS Corp. to acquire pharmacy benefits manager Caremark Rx Inc., said Monday it won't make a higher offer because it isn't allowed to see enough of Caremark's financial data to perform due diligence.
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Oracle raised its hostile tender offer for PeopleSoft today to $24 a share from $21 a share. The higher bid, which values Peoplesoft at $9.
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Site Offer Save a whopping 50% on definitive MySQL guides
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CVS Corp.  and Caremark Rx Inc.   said on Tuesday they had sweetened their merger deal,  raising the proposed special cash dividend for Caremark  stockholders to $6 per share from $2.
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Blackstone Group  raised its bid for Equity Office Properties Trust  to $23 billion in cash on Tuesday after rival bidder Vornado Realty Trust  sweetened its own offer in the latest round of the fight to control the top U.S. office landlord.
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CVS Corp.  and Caremark Rx Inc.  said on Tuesday they had tripled a proposed special cash dividend for Caremark stockholders to $6 per share from $2, hoping to convince them not to favor a hostile bid for the company by Express Scripts Inc.
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Has Medarex hit the jackpot with MDX-010?
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U.S. investment bank Morgan Stanley  denied a newspaper report on Saturday which said it was putting its Indian business process outsourcing (BPO) operation, Morgan Stanley Advantage Services Pvt Ltd (MSAS), up for sale.
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A drug launch is not driving share price increases for Indevus.
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The Blackstone Group  raised its bid for Equity Office Properties Trust  to $55.50 per share in cash on Tuesday after rival bidder Vornado Realty Trust  sweetened its offer in the latest step in a fight to control the top U.S. office landlord.
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CVS Corp.  sweetened its bid for Caremark Rx Inc.  on Tuesday by tripling a proposed special cash dividend for the pharmacy benefit manager's stockholders to $6 per share, after proxy advisory firms urged rejection of the previous offer.
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Google IPO Bidding Opens  Google's IPO bidding is officially open. Google and its underwriters expect to open the auction for the shares of Google&rsquo;s Class A common stock at 9:00 a.m. EST (press time) on Friday, August 13, 2004. Google bidders must have obtained a bidder ID from ipo.google.com if you ...
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LONDON/NEW YORK  - Nasdaq  launched a 2.7-billion-pound ($5.3-billion) hostile bid for the London Stock Exchange  on Tuesday, needing just over a fifth of LSE shareholders to accept for it to take control.
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CVS Corp.  and Caremark Rx Inc.  said on Tuesday they had sweetened their merger deal, raising the proposed special cash dividend for Caremark stockholders to $6 per share from $2.
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By Thomas Ginsberg, The Philadelphia Inquirer  Feb. 9--Pleading hasn't worked. Freebies ultimately fail. Outright pressure can backfire.
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CVS Corp. boosted its bid yesterday for Caremark Rx Inc. by tripling to $6 per share the special cash dividend it plans to pay shareholders of the prescription drug benefits manager.
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A Delaware Chancery Court judge ruled on Friday Caremark Rx Inc.  must delay a shareholder vote on its planned acquisition by CVS Corp.  until at least 20 days after it provides more details on the transaction.