CVS and CMX merger

CVS is buying CMX for 1.67 shares per CMX shares. If this deal goes through you have a company that can leverage some 400 Mil a year in cost savings. 2006 revenues will be upwards of 75 Billion USD. Big step in the Pharma industry. Check out all the news articles on it today. Both stocks were sold off yesterday. I would say the stocks are a buy and certainly CMX today since they might come back with a sweeter offer as currently there is no premium.