Catamaran profit jumps on Catalyst buy

Thu May 2, 2013 6:17am EDT
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May 2 (Reuters) - Pharmacy benefit manager Catamaran Corp reported a 95 percent higher first-quarter profit, helped by the $4.4 billion acquisition of rival Catalyst Health Solutions.

Net income attributable to the company rose to $51.4 million or 25 cents per share, from $26.3 million, or 21 cents per share, a year earlier.