Judge denies motion to block Caremark merger vote

NASHVILLE, Tenn. – Caremark Rx Inc. (NYSE: CMX) today announced that the Delaware Court of Chancery has denied a plaintiffs’ motion to enjoin Caremark's planned merger with Woonsocket-based CVS Corp.(NYSE: CVS). The court ruled that Caremark could hold its special shareholder vote on the proposed merger 20 days after it files supplemental disclosures regarding appraisal…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -