Deals wrap: CVS’s $1.25 billion deal
Drugstore chain CVS Caremark agreed to buy Universal American’s Medicare prescription drug business for about $1.25 billion, doubling the size of CVS Caremark’s business that provides prescription drug coverage under the U.S. government’s Medicare Part D program.
Miner BHP Billiton’s acquisition strategy was back in the spotlight as market talk resurfaced it was looking at a $40 billion-plus bid for Anadarko Petroleum, although banking sources said they were unaware of any imminent offer.
Silicon Valley could see a modest return to the IPO market of prerecession days, writes NYT’s Evelyn M. Rusli.
VentureBeat’s Iris Kuo takes a look at green technologies worth watching in 2011.