said they're talking merger.
A deal would link one of the biggest retail pharmacies, Woonsocket, R.I.-based CVS, with a big player in the mail order drug business, Nashville, Tenn.-based Caremark.
Talks were reported Wednesday morning by
The New York Times
, and the companies subsequently issued a release in which they "confirmed today they are engaged in discussions relating to a possible merger of equals transaction."
The deal talks come just a month after giant retailer
shook up the drug industry by slashing prices on generic prescriptions, and just weeks after a report on wholesale pricing practices across the industry threatened further fallout.