
Agreed to buy Catamaran Corp.
Optumrx acquires catamaran. Catamaran offers a true alternative to the status quo in pharmacy benefit management. OptumRx OptumRx specializes in the delivery clinical management and affordability of prescription medications and consumer health products. The deal between OptumRX and Helios follows mergers and acquisitions by both firms in the recent past.
Catamaran and Optums pharmacy care services business OptumRx are expected to serve the needs of more than 65 million people and fulfill more than one billion prescriptions in 2015. The agreement calls for the acquisition of Catamarans outstanding common stock for 6150 per share in cash. Health insurer UnitedHealth Group unit OptumRx Corp agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth about 128 billion.
UnitedHealth Group to Buy Catamaran in 128 Billion Pharmacy Benefits Deal UnitedHealth will merge its pharmacy services unit OptumRx with the acquisition Catamaran. OptumRx is UnitedHealth Groups NYSE. Then a bombshell hit.
In July OptumRX acquired Catamaran Corp. The agreement calls for the acquisition of Catamarans outstanding common. OptumRx is UnitedHealth Groups NYSE.
Catamaran CEO Mark Thierer who will serve as CEO of OptumRx also asked for a higher transaction price during negotiations the filing shows. For 128 billion making OptumRX the third-largest PBM based on prescription volume. UnitedHealth to acquire pharmacy benefits firm Catamaran in 12-billion deal UnitedHealth said it plans to merge Catamaran Corp.
In July OptumRX acquired Catamaran Corp. Helios was created in August 2014 following the merger of. NEW YORK July 23 2015 Optum announced the completion of its combination with Catamaran Corporation NASDAQ.