Reuters: CVS, Aetna Win U.S. Approval for $69 Billion Merger: "Pharmacy chain CVS Health Corp (CVS.N) won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc (AET.N), the Justice Department said on Wednesday...
... paving the way for a combination the companies say can help cut soaring U.S. healthcare costs. It is the second large recent healthcare deal to win a thumbs up from the U.S. Justice Department. The agency gave the green light to health insurer Cigna Corp’s (CI.N) $52 billion acquisition of the nation’s largest pharmacy benefit manager (PBM), Express Scripts Holding Co (ESRX.O), on Sept. 17. Shares of CVS and Aetna each rose about 1 percent on Wednesday, a day when the broader market was sharply lower, with CVS trading at $80.25 and Aetna at $206.00...
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