![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cotherix | NASDAQ:CTRX | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 61.47 | 0 | 01:00:00 |
SCHAUMBURG, IL, July 23, 2015 /CNW/ - Catamaran Corporation [NASDAQ: CTRX, TSX: CCT] announced that Optum completed its acquisition of Catamaran effective earlier today.
Under the terms of the agreement, all of the shares of Catamaran were acquired for $61.50 per share in cash, with all Catamaran shares expected to be delisted from NASDAQ effective as of close of trading today and from the Toronto Stock Exchange (TSX) shortly.
In connection with the completion of the acquisition, Catamaran repaid in full and terminated its existing senior credit facilities. On July 23, 2015, Catamaran also delivered an irrevocable notice of redemption to holders of all of its outstanding 4.75% Senior Notes due 2021 (CUSIP No. 148887AA0) (the "Notes") and irrevocably deposited with the trustee for the Notes sufficient funds to fund the redemption in full of the Notes on August 23, 2015. As a result, Catamaran and the subsidiary guarantors under the Notes have been released from their respective obligations under the Notes indenture (subject to certain limited exceptions), effective as of July 23, 2015.
About Catamaran
Catamaran, one of the industry's fastest-growing pharmacy benefits
manager, helps organizations and the communities they serve take
control of prescription drug costs. Managing more than 400 million
prescriptions each year on behalf of 35 million members, our flexible,
holistic solutions improve patient care and empower individuals to take
charge of their health. Processing one in every five prescription
claims in the U.S., Catamaran's skill and scale deliver compelling
financial results and sustainable improvement in the overall health of
members. Catamaran is headquartered in Schaumburg, IL., with multiple
locations in the United States and Canada. For more information, please
visit www.CatamaranRx.com, and for industry news and information follow
Catamaran on Twitter, @CatamaranCorp.
SOURCE Catamaran
Copyright 2015 Canada NewsWire
1 Year Cotherix Chart |
1 Month Cotherix Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions