• Safi Bello

CVS Nears Deal to Acquire Health Insurer Aetna

Bloomberg --------- CVS Health Corp. is nearing an agreement to acquire health insurer Aetna Inc. for more than $65 billion, according to a person familiar with the negotiations, in a deal that could reshape the pharmacy and health insurance industries. An announcement could come as soon as Monday, said the person, who asked not to be identified because the talks are private. CVS is likely to agree to pay at least $200 a share for Aetna, with more than 30 percent paid for with cash, according to the person. Talks could still be delayed or fall apart.Timing of the potential deal was first reported by The Wall Street Journal on Thursday. Aetna and CVS declined to comment. To learn more click on the picture below to read the article.

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