Caremark vote on CVS deal to proceed;<br> Express Scripts boosts its rival offer

CAREMARK can hold its March 16 shareholder vote on the CVS offer, a Delaware judge ruled. Above, CVS' Tom Ryan, left, with Caremark's Mac Crawford, who would be chairman of  CVS/Caremark. /
CAREMARK can hold its March 16 shareholder vote on the CVS offer, a Delaware judge ruled. Above, CVS' Tom Ryan, left, with Caremark's Mac Crawford, who would be chairman of CVS/Caremark. /
Express Scripts Inc. (Nasdaq: ESRX) last night boosted its hostile takeover bid for Caremark Rx Inc. (NYSE: CMX). Express Scripts said it will raise its offer – now $26.1 billion, or $61.10 in cash and stock per share – by about half a cent per share per day, starting April 1, to compensate Caremark shareholders…

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