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Omnicare Draws Interest From CVS and Express Scripts

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Omnicare Inc., a supplier of drugs to nursing homes, is drawing interest from potential buyers including Express Scripts Holding Co. and CVS Health Corp., people with knowledge of the matter said.

Initial bids for Omnicare, which has a market value of about $8.5 billion, are due in May, the people said, asking not to be identified discussing private information. Omnicare is working with Bank of America Corp. and Centerview Partners to explore options including a possible sale, the people said.