CVS To Buy Aetna For 69BN In Year's Largest Deal, "Reshaping Health Care

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CVS To Buy Aetna For 69BN In Year's Largest Deal,  Reshaping Health Care
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A deal that was months in the making is finally official, with Aetna's board of directors approving on Sunday the health insurer's sale to drugstore chain operator Cvs Health Corp for approximately $207 per share in cash and stock, in a deal worth $67 billion, multiple news sources reported on Sunday afternoon. The purchase price represents a premium of 29% to where Aetna shares were trading before the WSJ first reported that the two companies were in talks in October .

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