Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
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1. Express Scripts’ $29 billion bid for rival drug benefits manager Medco Health Solutions won approval from U.S. antitrust regulators. The merged company will handle prescriptions for almost one in three Americans.
2. International Power rejected a $9.5 billion bid by GDF Suez, Europe’s biggest utility by market value, for the 30 percent of International it doesn’t already own.