Takeovers Slump to Lowest as Debt Crisis Saps Confidence

Takeovers Slump to Lowest as Debt Crisis Saps Confidence

Andrew Harrer/Bloomberg

George Paz, chairman and chief executive officer of Express Scripts Inc., left, and David Snow, chairman and chief executive officer of Medco Health Solutions Inc., arrive to a Senate Judiciary Committee hearing in Washington, D.C. Express Scripts’s offer for Medco has prompted state inquiries over whether the combination would command too much market power.