CVS Corporation/Caremark Rx Merger Closes, Creating the Nation's Leading Pharmacy Services Company

Published: Mar 22, 2007

WOONSOCKET, R.I.--(BUSINESS WIRE)--CVS Corporation and Caremark Rx, Inc. today announced that they have formally closed their transformative merger of equals, creating the nation’s premier integrated pharmacy services provider. The combined company, renamed CVS/Caremark Corporation (NYSE: CVS), unifies the nation’s largest pharmacy chain with a leading pharmaceutical services company, creating the opportunity to deliver unique products and services that will help manage costs for employers and improve access and choice for consumers.

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