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Traders Sell The News In Omnicare: CVS Confirms Deal To Purchase At $98/Share In Cash
Thursday, May 21, 2015 - 8:38am | 374Media reports surfaced on Wednesday that CVS Health Corp (NYSE: CVS) was in advanced talks to acquire Omnicare, Inc. (NYSE: OCR) and could finalize a deal by the end of the week. Shares of Omnicare spiked higher by more than 5 percent to the $100 level during Wednesday's post-market trading...