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CVS and Aetna are gaining ground after their $69 billion merger gets the green light
4 monthes ago - By Chron
Thomson Reuters
CVS and Aetna received regulatory approval for their $69 billion merger - with some conditions.
Stocks were down sharply on Wednesday, but shares of both companies were higher.
The merger remains on track to close in the early part of the fourth quarter, according to CVS.
Watch CVS and Aetna trade in real time here.
Stocks were down sharply on Wednesday, but CVS and Aetna provided a rare bright spot. Both stocks were higher after the companies received regulatory approval for their $69 billion merger. CVS was up 0.9% and Aetna was higher by 1.3%.
Read more ...Broadcom says fake Department of Defense memo seeks review of CA Technologies deal
4 monthes ago - By Reuters
Chipmaker Broadcom Inc said on Wednesday a faked memo, purportedly from the U.S. Department of Defense, had been circulated among lawmakers calling for a review of its $19 billion acquisition of software company CA Technologies .
Read more ...CVS, Aetna win U.S. approval for $69 billion deal
4 monthes ago - By Reuters
Pharmacy chain CVS Health Corp won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc , the Justice Department said on Wednesday, paving the way for a combination with potential to cut U.S. healthcare costs for consumers.
Read more ...Justice Department approves CVS's $69 billion merger with insurance giant Aetna
4 monthes ago - By Philly
The merger will allow CVS to turn its locations into medical hubs for more basic services.
Read more ...Broadcom says Department of Defense memo asking for CA Technologies deal review is fake
4 monthes ago - By Reuters
Chipmaker Broadcom Inc said on Wednesday a forged memo purportedly signed by the U.S. Department of Defense on the need for a review of its $19-billion acquisition of software company CA Technologies had been circulated among lawmakers.
Read more ...CVS, Aetna Win U.S. Approval For $69 Billion Merger
4 monthes ago - By Huffington Post
It is the second large recent healthcare deal to win a thumbs up from the U.S. Justice Department.
Read more ...CVS-Aetna Merger Deal Is Given Go-Ahead by U.S. Antitrust Regulators
4 monthes ago - By Fortune
CVS Health Corp. and Aetna Inc. can go ahead with their about $68 billion deal, the Justice Department said, clearing the way for a merger that will create a health-care giant with a hand in insurance, prescription-drug benefits and drugstores across the U.S.
A previously planned sale of Aetna's Medicare drug plans to another insurer resolved the antitrust enforcer's concerns, the Justice Department said in a statement Wednesday announcing the approval.
"The divestitures required here allow for the creation of an integrated pharmacy and health benefits company that has the potential to...
Read more ...DOJ approves $69B CVS Health-Aetna merger, with conditions
4 monthes ago - By Chron
NEW YORK - The proposed $69 billion merger between CVS Health and Aetna is getting a greenlight from the Department of Justice, with some conditions.
The Justice Department on Wednesday approved the deal on the condition that Aetna moves ahead with its plan to sell its Medicare Part D prescription drug plan business, resolving some anti-monopoly issues.
Aetna announced last month it'd sell the business for an undisclosed amount.
CVS announced plans to buy Hartford, Connecticut's Aetna late last year. The deal is expected to give the Woonsocket, Rhode Island, drugstore chain a bigger role...
Read more ...CVS, Aetna win U.S. approval for $69 billion merger
4 monthes ago - By Reuters
Pharmacy chain CVS Health Corp won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc , the Justice Department said on Wednesday, paving the way for a combination the companies say can help cut soaring U.S. healthcare costs.
Read more ...Justice Department approves $69 billion merger between CVS Health and Aetna, with conditions
4 monthes ago - By Chron
NEW YORK - Justice Department approves $69 billion merger between CVS Health and Aetna, with conditions.
Read more ...CVS-Aetna Merger Deal Is Set to Win Antitrust Approval as Soon as Today
4 monthes ago - By Fortune
CVS Health Corp. and Aetna Inc. can go ahead with their about $68 billion deal, the Justice Department said, clearing the way for a merger that will create a health-care giant with a hand in insurance, prescription-drug benefits and drugstores across the U.S.
A previously planned sale of Aetna's Medicare drug plans to another insurer resolved the antitrust enforcer's concerns, the Justice Department said in a statement Wednesday announcing the approval.
"The divestitures required here allow for the creation of an integrated pharmacy and health benefits company that has the potential to...
Read more ...CVS, Aetna win approval for merger
4 monthes ago - By Reuters
Pharmacy chain CVS Health Corp won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc, the Justice Department said on Wednesday, paving the way for a combination the companies say can help cut soaring U.S. healthcare costs.
Read more ...Justice Department expected to approve CVS deal for Aetna as soon as Wednesday: source
4 monthes ago - By Reuters
The U.S. Justice Department is expected to approve drug retailer CVS Health Corp's deal to buy health insurer Aetna Inc as soon as Wednesday, a source familiar with the review said.
Read more ...
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