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March 1, 2009

I’m not willing to say it was a great move at this point.”—BusinessWeek Feb. 12,...

“I’m not willing to say it was a great move at this point.”—BusinessWeek Feb. 12, 2009.

That’s what Morningstar analyst Mitchell Corwin had to say about the 2007 merger that created the $76 billion healthcare goliath now known as CVS Caremark. He’s entitled to his opinion, but you have to believe there was probably a whole lot of people waiting to greet Columbus upon his return to remind him that despite his killer suntan, the world most definitely was still flat. And no amount of corn or cocoa would make them think otherwise.