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August 28, 2015

Aetna shareholders to vote on Humana stock transfer

Shareholders of Hartford health insurer Aetna will vote at a special meeting in October on a key piece of the company’s proposed $37 billion acquisition of rival Humana, the company said.

At the Oct. 19 meeting in Glastonbury, shareholders will vote on whether to approve the issuance of common shares to Humana stockholders.

Under the proposed acquisition, which is still under anti-trust review by the U.S. Department of Justice, Humana shareholders would receive $125 in cash and 0.83 Aetna shares for each Humana share they own.

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