Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Friday, February 9, 2007

Glass & Lewis Recommends Against Caremark-CVS Merger

Glass Lewis & Co. recommends that Caremark shareholders vote against the proposed merger with CVS.  It believes that the Caremark board was not sufficiently aggressive in attracting competitive bids.  See WSJ, Investment Adviser Recommends Caremark Holders Reject CVS Deal.

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