Report Speculates On Express Scripts Purchase

Health insurer Humana is weighing a sale of its pharmacy benefits manager division for a price tag of $7.1 billion, and a short list of buyers includes St. Louis-based Express Scripts, according to The Street. After a dismal first quarter, analysts have been pressing Express Scripts on its future growth strategy. A spokesman for Express Scripts, the nation’s largest pharmacy benefits manager, said, “We don’t comment on rumors and speculation.” Humana, headquartered in Louisville, Kentucky, reported more than $39 billion in revenue in 2012.

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