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Stock Market & Financial Investment News

News Breaks
February 26, 2013
07:58 EDTCTRXCatamaran March volatility elevated into Q1 and outlook
Catamaran March put option implied volatility is at 45, April is at 43, July is at 41, October is at 40; compared to its 26-week average of 37 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on April 29.
News For CTRX From The Last 14 Days
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October 13, 2014
07:39 EDTCTRXPharmaceutical Care Management Association to hold annual meeting
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October 9, 2014
09:12 EDTCTRXCatamaran acquisition in-line with expectations, says Leerink
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07:37 EDTCTRXCatamaran acquisition likely to be well-received, says Oppenheimer
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October 8, 2014
16:34 EDTCTRXCatamaran to acquire Salveo Specialty Pharmacy for $260M in cash
Catamaran announced that it has entered into a definitive agreement to acquire Salveo Specialty Pharmacy, an independent specialty pharmacy company headquartered in St. Petersburg, Florida with business operations in New York and California. Salveo manages approximately $400M in annual drug spend. The purchase price of $260M in cash represents a purchase price multiple of approximately 13x Salveo's trailing-twelve-month EBITDA and is expected to be funded through cash on the balance sheet. This acquisition is expected to be completed during Q4.

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