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UnitedHealth Group to buy Catamaran for $12.78 billion


    (Reuters) - UnitedHealth Group unit OptumRx Corp agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth $12.78 billion.

    UnitedHealth's offer of $61.50 per share represents a premium of 27 percent to CATAMARAN (CTRX.NQ)s Friday close of $48.32 on the Nasdaq.

    (Reporting by Sneha Banerjee in Bengaluru; Editing by Savio D'Souza)