
We're raising PacifiCare Health Systems ' PHS fair value estimate to $73 per share to reflect the long-term economic value to be received from UnitedHealth Group
stock dropped more than 8% in intraday trading Wednesday on news that UnitedHealth Group UNH agreed to purchase PacifiCare Health Systems PHS. As previously noted in one of the "bears" points in our company report, 18% of Medco's revenue is
UnitedHealth Group UNH announced Wednesday that it will acquire PacifiCare Health Systems PHS for $8.1 billion, and we are placing both companies under review. If consummated, the transaction should strengthen UnitedHealth
We are placing our fair value estimate for PacifiCare Health Systems PHS under review as we adjust our operating assumptions. On the basis of our preliminary assessment, we expect a significant