HEALTH
From Times Staff and Wire Reports
Medco to Acquire Diagnostek: Medco Containment Services Inc. said it will acquire Diagnostek Inc. in a stock swap valued at $436 million. Montvale, N.J.-based Medco provides customers with home delivery of prescription drugs. Albuquerque, N.M.-based Diagnostek supplies prescription drugs through mail-service drug plans and maintains medical diagnostic imaging centers. Under the stock swap, Medco will issue 14.6 million shares of common and exchange 0.625 of a share for each share of Diagnostek common.
