Express Scripts Selling 23 Million Shares to Fund NextRx Acquisition (ESRX) | Finance — paidContent

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Express Scripts Selling 23 Million Shares to Fund NextRx Acquisition (ESRX)

By: Dividend Daily

Pharmacy benefit management company Express Scripts, Inc. (ESRX) said Tuesday that it has begun a 23 million-share offering in order to help fund its acquisition of WellPoint’s (WLP) NextRx unit. Express said it expects to net $1.6 billion to $1.8 billion from the offering. The funds will be used to convert the NextRx acquisition into an [...]

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