The Briscoe Law Firm and Powers Taylor, LLP Announce Investigation of Medco Health Solutions, Inc.

DALLAS--(BUSINESS WIRE)--The acquisition of Medco Health Solutions, Inc. (“Medco Health” or “MHS”) (NYSE: MHS) by Express Scripts, Inc. (NASDAQ: ESRX) is being investigated on behalf of shareholders by former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP. Medco Health recently entered into an acquisition agreement that will pay Medco Health shareholders only $28.80 in cash and 0.81 shares of Express Scripts stock for each share of Medco Health/MHS owned.

If you are an affected shareholder, and you want to learn more about the investigation or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at patrick@powerstaylor.com, or Willie Briscoe at The Briscoe Law Firm, PLLC toll free (877) 397-5991, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.

The definitive acquisition agreement involves an all-cash transaction valued at approximately $29.1 billion. The transaction is expected to close in the first half of 2012.

“We are investigating the fairness of the proposed transaction to Medco Health shareholders, whether the shareholders are being underpaid for their stock, and whether Medco Health’s Board of Directors acted in the shareholders’ best interests,” said shareholder rights attorney Willie Briscoe. In particular, based on Express Scripts’ closing price the day prior to the acquisition announcement, the total value to Medco Health shareholders is only approximately $71.36 per share. Medco Health/MHS shares closed at nearly $65 per share within the last 60 days. In addition, analysts have recently set target prices between $72.00 and $77.00 per share for Medco Health/MHS shares. “Based on these and other factors, we do not believe that the acquisition price is fair, and our anticipated lawsuit will seek to obtain the highest share price for all shareholders,” said Willie Briscoe.

The Briscoe Law Firm is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation matters.

Powers Taylor, LLP is a boutique litigation firm that handles a variety of complex business litigation matters nationwide, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.