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Management Newsletter Article | August 31, 1993

Merck Buys Medco

By Market Intelligence Team

OPEN MINDS The Behavioral Health & Social Service Industry Analyst Industry News Merck Pharmaceutical Company has purchased Medco, the nation's largest managed pharmacy program companies. Medco also owned the managed behavioral health programs formerly operating under the names American Biodyne, Achievement of Guidance Centers, and Personal Performance Consultants. According to an article in the August 9, 1993 issue of Time, the purchase price was $6 billion . . .

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