UnitedHealth: Catamaran Acquisition ‘Checks Three Important Boxes’

UnitedHealth (UNH) announced that it would purchase pharmacy benefits manager Catamaran (CTRX) for nearly $13 billion today–a move the market approves of, if its 2%+ gain is anything to go by. S&P Capital IQ’s Jeffrey Loo explains why: Michael Nagle for The Wall Street Journal UnitedHealth agrees to acquire Catamaran Corporation for $61.50/share or $12.8B [...]