Electronic Prescribing Firm Surescripts Exploring Sale – Report

Electronic prescribing company Surescripts is exploring a potential sale. Surescripts, which is 50% owned by CVS Health (NYSE:CVS) and Cigna’s (NYSE:CI) Express Scripts, has hired investment bank TripleTree to look for potential buyers, according to a Business Insider report on Tuesday, which cited people familiar with the matter. The remainder of Surescripts is owned by trade groups including the National Association of Chain Drug Stores and the National Community Pharmacists Association. Surescripts is said to be looking for a private equity buyer so it can maintain its neutrality for its PBM and pharmacy owners, according to the report.

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Source: https://seekingalpha.com/news/4086446-electronic-prescribing-firm-surescripts-exploring-sale-report

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