CVS and Aetna CEOs: Our $69 billion merger will reduce health costs for consumers immediately
CNBC --------- The proposed CVS Health-Aetna megamerger will reduce health-care costs for consumers immediately, the CEOs of both companies told CNBC on Monday. CVS Health CEO Larry Merlo and Aetna Chairman and CEO Mark Bertolini spoke on CNBC's "Squawk Box" Monday, one day after announcing that CVS will acquire Aetna for roughly $69 billion in cash and stock. The deal would combine CVS' pharmacy business and pharmacy benefit manager platform, also referred to as a PBM, with Aetna's insurance business. To learn more click on the picture below to read the article.