… anti-competitive behavior. The investigation appears to have been prompted by inaccurate drug prices posted by Longs Drug Stores on a website--prior to Longs' acquisition by CVS. CVS Caremark will pay $5 million into a fund to compensate …
… its acquisition activity . Even beyond Caremark , CVS has been highly acquisitive in recent years - - purchasing Longs Drug Stores , MinuteClinic , and certain Eckerd , Osco , and Sav - on stores sometimes at high prices - - and that activity may …
… indicative of the underlying rate of growth, although this increase was also primarily due to the acquisition of Longs Drug Stores ' RxAmerica subsidiary, which helped offset the loss of two large health plan clients at the beginning of the year …
… Quarterly revenue increased 10% but benefited from the extra days during the quarter as well as the acquisition of 529 Longs Drug Stores . Same-store sales in the company's retail segment rose 3.6%. Operating income from continuing operations …
… 61 versus a consensus estimate of $2.74. While 6 cents can be attributed to dilution from the acquisition of Longs Drug Stores , which is probably not incorporated into the consensus numbers, this is still significant, as CVS Caremark CVS …
Following the expiration period of the tender offer for shares of Longs Drug Stores LDG on Friday, CVS Caremark CVS today announced that enough Longs' shareholders had tendered their shares at the $71.50 offer …
Last week, drugstore chain Walgreen WAG withdrew its offer to acquire rival Longs Drug Stores LDG; two days later, it announced the retirement of CEO Jeffrey Rein. While we do not believe the questionable move to acquire …
Late Friday, Walgreen announced an unsolicited bid to acquire Longs Drug Stores LDG for $75 per share, which could disrupt the planned deal between Longs and CVS Caremark CVS with an offer roughly 5% higher …
CVS Caremark CVS and regional drugstore chain Longs Drug Stores LDG jointly announced Aug. 12 a proposed acquisition of Longs by CVS Caremark for $2.9 billion, which includes the assumption …
After the bell Wednesday, Longs Drug Stores LDG reported first-quarter results that benefited from some easy retail margin comparisons and the impact from share buybacks …