12:06 PM EST - SXC Health Solutions Corp. : announced today that it has entered into a definitive agreement to acquire PTRx, Inc., a full-service PBM, and SaveDirectRx, Inc., its exclusive mail-order pharmacy provider, both based in San Antonio. The purchase price of $77 million in cash is to be paid from SXC's existing cash balance, subject to certain customary post-closing adjustments, with an additional $4.5 million subject to the achievement of certain performance targets through 2012. SXC Health Solutions Corp.
shares T.SXC are trading down $0.57 at $56.27.
