Express Scripts Submits Exchange Offer for Caremark
NASHVILLE, Tenn. (AP) - Pharmacy benefits manager Express Scripts is commencing an exchange offer for outstanding shares of its rival Caremark Rx Incorporated, which has rejected Express Scripts' takeover bid. The complete terms, conditions and other details of the offer are set forth in documents that Express Scripts will file later today with the Securities and Exchange Commission. Express Scripts is offering Caremark stockholders $29.25 cash and 0.426 shares of Express Scripts stock for each share of Caremark stock. Based on closing stock prices on Friday, the Express Scripts offer has a value of about $25 billion, and provides Caremark stockholders with a 7 percent premium to the current value of a proposal from CVS Corporation.
COLUMBIA – The University of Missouri is partnering with a Columbia-based company to fight a familiar condition in cancer patients.... More >>
ST. LOUIS (AP) — The St. Louis Police Department is looking at whether more training is necessary after an off-duty... More >>
JEFFERSON CITY (AP) — Some Democratic Missouri lawmakers are reviving efforts to prevent cuts to in-home and nursing care for... More >>
COLUMBIA - Police detectives arrested a man Sunday night after detectives connected him to a weekend shooting that left one... More >>
COLUMBIA - A petition to repeal the Affordable Care Act, commonly known as "Obamacare," was delivered to Sen. Roy Blunt’s... More >>
ARNOLD, Mo. (AP) — The Latest on a police chase and shooting that shut down a busy highway near St.... More >>
ST. LOUIS (AP) — St. Louis police say a 10-year-old boy who died after being shot in the head was... More >>
OSAGE BEACH, Mo. (AP) — Authorities say a man has drowned in the Lake of the Ozarks after jumping off... More >>
ST. LOUIS (AP) — A man is charged with attacking four homeless people with a hammer as they slept in... More >>
JEFFERSON CITY, Mo. (AP) — Missouri senators are returning to the Capitol for a special session on abortion legislation. ... More >>
ST. LOUIS (AP) — Authorities say a taxi driver has fatally shot a passenger in his cab on Interstate 70... More >>
FULTON – Westminster College begins three different summer academic programs this week, one of which has never been seen before... More >>
COLUMBIA – The “Cornerstones of Columbia” event will take place Monday night starting at 5:30 outside of “Hittsville,” where the... More >>
COLUMBIA - Missouri's executive office is working on an initiative to help bolster the sales of Missouri farmers within the... More >>
Select a station to view its upcoming schedule:
Coming Up Next
3:00pThe Robert Irvine Show
4:30pThe Cleveland Show
7:00pAmerican Ninja Warrior
8:00pWhose Line Is It Anyway?
8:30pWhose Line Is It Anyway?
9:00pKOMU 8 News @ Nine on The CW