CVS and Aetna's Merger Gains Approval
- 6 years ago
CVS and Aetna's Merger
Gains Approval CVS has gained the U.S. government's approval to buy Aetna for $69 billion. The merger is the largest health insurance deal in history. The Justice Department settled
with CVS and Aetna on Wednesday, CVS Health President and CEO Larry J. Merlo, via statement Larry J. Merlo, via statement Critics are worried that fewer options for consumers could result in
higher expenses. Last month, the Justice Department also approved the takeover of Express Scripts by CVS rival Cigna.
Gains Approval CVS has gained the U.S. government's approval to buy Aetna for $69 billion. The merger is the largest health insurance deal in history. The Justice Department settled
with CVS and Aetna on Wednesday, CVS Health President and CEO Larry J. Merlo, via statement Larry J. Merlo, via statement Critics are worried that fewer options for consumers could result in
higher expenses. Last month, the Justice Department also approved the takeover of Express Scripts by CVS rival Cigna.