Earlier this month, CVS Health Corp. (NYSE: CVS) announced its $69 billion plan to acquire Aetna Inc. (NYSE: AET), the third-largest health insurer in the United States. If successful, it will be the largest deal of the year – and the largest …
Aetna CEO Mark Bertolini will lose his job if the deal to sell the company to CVS Health closes, but he'll leave the company with about $500 million in stock and cash to soften the blow. The bulk of that payout will come from shares of …
CVS, which owns pharmacies as well as operates a pharmacy benefit manager, saw its stock drop sharply on Thursday when it emerged that Amazon has been approved for wholesale pharmacy licenses for at least 12 states. Then The …
But it would also subject it to more antitrust scrutiny. The deal could also help counter pressure on CVS’ stock following speculation that Amazon.com Inc. is preparing to enter the drug prescription market, using its vast e-commerce …
Under the terms of the deal announced on Sunday, Aetna shareholders will receive $207 per share, $145 in cash and $62 in CVS stock. The $207-per-share price represents a 14.1 percent premium to Friday's closing price. In the past six …
CVS agreed to pay $207 a share for Aetna, with $145 in cash and the rest, $62, in CVS stock. For consumers, the merger would be the latest example of how the sale of drugs and other healthcare services, including patient treatment and …
While companies with “guaranteed” money coming in from the U.S. government, like insurers and hospitals, should be falling on the Trumpcare news, companies without it — like CVS Health Corp (NYSE:CVS) — should be looking pretty …
CVS will pay $145 a share in cash for Aetna plus $62 in newly issued CVS stock. There is a chance, of course, that a rival retailer comes in and tops CVS’ offer price. Regulators could get stuck on CVS forcing Aetna customers to go to their …
... have agreed that CVS will split its consideration for the deal between cash and CVS stock, a deal structure that would minimize tax liabilities for Aetna shareholders, the sources said. A deal will probably value Aetna at significantly more …