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Bloomberg reports that Walmart has “won a court order blocking drugstore operator CVS Caremark Corp. from hiring its former executive vice president, Hank Mullany.

“At a hearing today in Delaware Chancery Court in Wilmington, Judge Travis Laster granted Wal-Mart’s request for a preliminary injunction, barring Mullany’s hiring by CVS until a trial on the issue in early March. Wal-Mart sued CVS, claiming Mullany’s hiring could violate a non-compete agreement.”

Walmart argues that Mullany had access to confidential information that would put it at a disadvantage if he works for a competitor.

CVS said in the wake of the decision that the Walmart suit was “nonsensical” and that it is evaluating its options.
KC's View:
Walmart is playing hardball ... and this may be a public statement that goes beyond this one specific defection.