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Lilly finally exits its losing PBM deal
29 Sep 1999
Executive Summary
Rite Aid Corp. (pharmaceutical retail chain) will acquire Lilly's PCS subsidiary (US PBM for employers and health plans) for $1.5bn; Lilly will retain $100mm from PCS.
Deal Industry
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Stock
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Questions?
Please contact Sales at: (212) 520-2765 or email [email protected]
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Lilly finally exits its losing PBM deal
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