Milbank Represents Catalyst Health Solutions, Inc. in $4.4 Billion Merger Announced with SXC Health Solutions Corp.

SXC Health Solutions Corp. (NASDAQ:  SXCI, TSX: SXC) and Catalyst Health Solutions, Inc. (NASDAQ: CHSI) today announced that their Boards of Directors have unanimously approved a definitive merger agreement under which SXC and Catalyst will combine in a cash and stock transaction valued at approximately $4.4 billion. Under the terms of the agreement, Catalyst shareholders will receive $28.00 in cash and 0.6606 shares of SXC stock for each Catalyst share, which implies a purchase price of $81.02 per Catalyst share and a premium of approximately 28% based on the closing stock prices of SXC and Catalyst on April 17, 2012.

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Wragge & Co Adds New International Projects Partner

Wragge & Co has boosted its growing international projects practice with the hire of former Norton Rose partner Jonathan Brufal. Jonathan, a projects expert who specialises in major energy, water, mining and infrastructure projects, joined the firm on 10 April 2012.

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Tags:  Gowling WLG