Health Law & Business News

CVS Closes $70 Billion Aetna Deal, Ending Long Road to Takeover

Nov. 28, 2018, 4:51 PM

CVS Health Corp. has closed its $70 billion deal to buy health insurer Aetna Inc., ending months of reviews by state and federal regulators.

The companies announced the takeover almost a year ago in December 2017, promising to create an integrated health-care company whose pharmacy locations could be hubs for medical services while better managing patients.

Key Insights

The goals of the deal—better-managed care, new points of access to the medical system, healthier communities—are extremely ambitious. Now the companies have to prove that they can actually achieve them in what’s likely to be an extremely complex merger.

CVS said...

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