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Aetna Inc.

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Business & Lifestyle

CVS Health: Deal to buy Aetna will close after Thanksgiving

WOONSOCKET, R.I. (UPI) -- CVS Health's $69 billion acquisition of Aetna will take longer than expected as the retail pharmacy needs approval from two more state departments of insurance. Earlier this month, CVS CEO Larry Merlo said the deal was on track to close before Thanksgiving. In a SEC filing Tuesday, the company said that now won't happen until after the holiday. "CVS Health has made significant progress and is in the final states of the approval process with the […]

November 21, 2018 11

Business & Lifestyle

Sources: CVS Health to purchase Aetna for $69 billion

WOONSOCKET, R.I. (UPI) -- Retail drug store giant CVS Health Corp. on Sunday agreed to buy Aetna Inc. for $69 billion, unnamed sources with knowledge of the deal said. Under the terms of the deal, CVS agreed to purchase the healthcare company for about $207 per share -- $145 in cash and $62 in stock -- sources told The Wall Street Journal. The deal -- if approved by regulators -- could bring some primary care and basic procedure services to CVS' 9,700 […]

December 3, 2017 11

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