March 30, 2015 / 10:14 AM / 3 years ago

UnitedHealth Group to buy Catamaran for $12.78 bln

March 30 (Reuters) - UnitedHealth Group unit OptumRx Corp agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth $12.78 billion.

UnitedHealth’s offer of $61.50 per share represents a premium of 27 percent to Catamaran’s Friday close of $48.32 on the Nasdaq. (Reporting by Sneha Banerjee in Bengaluru; Editing by Savio D‘Souza)

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