CVS response to Caremark merger vote

In response to the results of the Caremark shareholder vote approving the CVS/Caremark merger, US drugstore chain CVS issued the following statement: "(The) vote reinforces the compelling logic underpinning the merger of the nation's largest pharmacy chain with the leading pharmacy services company and speaks to the tremendous opportunity we have before us," said Tom Ryan, Chairman, President and CEO of CVS. "We have said from the beginning that this combination will transform the way pharmacy services are delivered, enabling consumers to benefit from enhanced healthcare services and improved outcomes, and for payors to benefit from more effective cost management tools. Now that we have obtained approval from both CVS and Caremark shareholders, we can begin delivering on this opportunity." CVS expects the transaction to close within a week, promptly after the vote is certified by the independent inspector of election.