CVS raises its bid for Caremark a third time
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From Bloomberg News
CVS Corp., the second-biggest U.S. drugstore chain, boosted its offer for Caremark RX Inc. for a third time, a day after Express Scripts Inc. raised its bid.
CVS increased the dividend it would pay Caremark shareholders by $1.50, to $7.50, bringing the total to $60.43 a share in cash and stock. Woonsocket, R.I.-based CVS called the offer final.
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