CVS shareholders endorse merger

CVS has said its shareholders have voted to approve the company's merger with Caremark. "We are extremely pleased our shareholders strongly supported our proposed merger with Caremark," said Tom Ryan, CVS Chairman, President and CEO. "This landmark combination will uniquely position CVS/Caremark to deliver new products and services that will make a meaningful difference for both employers seeking to control costs and consumers seeking greater access and choice as they look to stretch their healthcare dollar further. We look forward to Caremark shareholders approving the transaction and getting to work on delivering the significant financial and strategic benefits that only this deal can provide."