Health insurer UnitedHealth Group Inc agreed to buy Catamaran Corp in a deal worth about 128 billion to boost its pharmacy benefit business as it competes with bigger.

Catamaran unitedhealth group. UnitedHealth Group Scores with Catamaran Buy UNH CTRX UnitedHealth Groups acquisition of Catamaran is a no-brainer By Dan Burrows. UnitedHealth Group Incs deal to acquire Catamaran Corp. Its shareholders received only 38 of combination benefits.

Agreed to buy Catamaran Corp. Health insurer UnitedHealth Group unit OptumRx Corp agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth about 128 billion. Catamaran was sold cheap to UnitedHealth Group.

Pharmacy benefit managers PBM administer drug benefits for employers and health plans and run large mail order pharmacies helping them get better prices from drugmakers. Health insurer UnitedHealth Group Inc agreed to buy Catamaran Corp in a deal worth about 128 billion to boost its pharmacy benefit business as it competes with bigger rivals such as Express Scripts Holdings Co. It is the second-largest healthcare company behind CVS Health by revenue with 2571 billion and the largest insurance company by net premiums.

For about 128 billion bulking up its drug-benefits business to get better negotiating power in. UnitedHealth Group Incs planned takeover of No. For about 128 billion in cash will bulk up its pharmacy-benefit business amid growing concern from employers and insurers about the.

UnitedHealth Group Inc. Under terms of the deal Schaumburg Illinois-based Catamaran will merge with OptumRx the drug management division of UHGs highly profitable technology and services subsidiary Optum. UnitedHealth Group Incorporated is an American for-profit multinational managed healthcare and insurance company based in Minnetonka MinnesotaIt offers health care products and insurance services.

The transaction is expected to close during the fourth quarter of 2015 subject to Catamaran shareholders approval regulatory approvals. The agreement calls for the acquisition of Catamarans outstanding common stock for 6150 per share in cash. UnitedHealth Chief Executive Officer Hemsley takes part in a panel discussion in Beverly Hills Thomson Reuters Reuters - Health insurer UnitedHealth Group agreed to buy Catamaran Corp in.