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On Sunday night, the enormous drugstore company CVS said it had agreed to buy the enormous health-insurance company Aetna for almost $ 70 billion. It’s a deal that, if government regulators and both companies’ shareholders give it their blessing, would be the biggest deal in the U.S. this year. There are two main reasons CVS […]
CVS agreed to buy Aetna for about $ 69 billion in cash and stock in a move to transform the pharmacy company and capture more of what consumers spend on health care. WSJ.com: What’s News US
Amazon is considering diving into the pharmacy business, and that’s making incumbents nervous… so nervous, in fact, that it just sparked one of the larger acquisitions in recent memory. CVS Health is acquiring the insurance giant Aetna for the equivalent of $ 69 billion in a bid to create a highly integrated health care provider. […]
Justin Sullivan/Getty Images Aetna missed on the top line, but beat on the bottom line. The company says it trimmed losses in its Obamacare business. Aetna raised its full-year earnings forecast. (Reuters) – Aetna Inc cut losses in its Obamacare business in the third quarter, helping the U.S. health insurer post a higher-than-expected profit […]
Thomson Reuters (Reuters) – Health insurer Aetna Inc, whose $ 34 billion deal for Humana Inc was blocked last week, reported quarterly profit ahead of estimates on Tuesday, helped by higher premiums for its plans and lower-than-expected medical costs. Aetna’s results come nearly two weeks after Republican President Donald Trump signed his first executive order, […]
