WOONSOCKET, R.I. — CVS Caremark here said yesterday that its tender offer for shares of common stock of Longs Drug Stores Corp., Walnut Creek, Calif., at a price of $71.50 per share has been successful. With 76.51% of Longs’ shares tendered, closing of the merger — which will involve the purchase by CVS Caremark of the remaining shares not yet tendered by Longs shareholders — is expected to occur by the end of this month, the company said. CVS Caremark said it has begun a subsequent offer ...
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