Caremark Rx Sends Letter to Shareholders Outlining Value Of CVS Corporation/Caremark Rx Transaction And Thorough Board Process

NASHVILLE, Tenn.--(BUSINESS WIRE)--Caremark Rx, Inc. (NYSE:CMX) today sent a letter to the Company’s shareholders describing why the Caremark Board believes that the pending merger with CVS Corporation (NYSE:CVS) is the best course for Caremark shareholders. The Company urged shareholders to vote FOR the CVS/Caremark merger at the Caremark Special Meeting on February 20, 2007.