Buried in the fine print of a Securities and Exchange Commission filing by an unknown company — Aristotle Holding, Inc. — is the tale of how two of the largest PBMs in the country decided to combine.
In order to agree to purchase Medco Health Solutions, Inc., its PBM rival Express Scripts, Inc. had to be able to perform basic due diligence, reviewing Medco’s books, operations, client lists and other data. The deal was described in a Form S-4 filed by Aristotle, which was formed to serve as the... Read more