Express Scripts Acquires MHS!
Express Scripts Inc. (ESRX) has finally received regulatory approval for its $29.1 billion acquisition of Medco Health Solutions Inc. (MHS), a deal that is believed to drive down costs for the company and consumers.The new combined company will be called Express Scripts and will trade as ticker ESRX. You may have already received .81 shares of ESRX and $28.80 in cash for every share of MHS held by you.
Although, I expect ESRX to grow stronger in long run, I am likely to close the position and lock some solid gains here! Stay tuned!
Congratulations, on what has turned out to be the Fourth Bid from our portfolio! Patient investing in top businesses can be truly rewarding!
Below is a recap of the previous three: