FRANKLIN LAKES, N.J. — In separate meetings, shareholders of Medco Health Solutions here and Express Scripts, St. Louis, approved a proposed merger agreement between the two pharmacy benefit managers.
The votes were non-binding. The merger requires Federal Trade Commission approval. The agency is expected to rule on the $29 billion deal in the first or second quarter of 2012. Medco said it expects the transaction to close in the first half of 2012.