Monday, October 17, 2011

Walgreens and Express Scripts may have a breakthrough...

Walgreen (WAG +3.5%) says it has offered terms to Express Scripts (ESRX -0.7%) that would allow it to continue serving the Defense Department's 6M-member Tricare program, despite a broader contract dispute between the two companies. Although the two sides remain "miles apart" in reaching a deal, a quiet arrangement may hint at a future breakthrough.

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