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Caremark told to delay shareholder vote on deal

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From the Associated Press

A Delaware judge ordered Caremark Rx Inc. to delay a shareholder vote on a proposed acquisition by CVS Corp. just hours after the drugstore operator heated up the bidding by tripling the special cash dividend it proposes to pay.

Caremark shareholders were initially scheduled to meet Feb. 20, but the vote was delayed until March 9 in an order signed by Chancellor William B. Chandler III.

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