CVS Short Disclosure

CVS (CVS) Caremark today announced that it has completed its acquisition of Longs Drug Stores Corporation. The acquisition provides CVS Caremark with Longs’ 521 retail drugstores in California, Hawaii, Nevada and Arizona as well as its Rx America subsidiary, which offers pharmacy benefits management ("PBM") services to over 8 million members and prescription drug plan benefits to approximately 450,000 Medicare beneficiaries.

No mention of any closing adjustments or if they still view the acquisition the same way. Just full speed ahead. Meanwhile other retailers and drug stores are experiencing difficulties. Watch for growing commentary about costs of integration to achieve synergies.