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CVS to Buy Aetna for $69 Billion

Show me de monee!

December 3, 2017 – CVS Health has agreed to buy Aetna for about $69 billion in cash and stock, a landmark deal that would change the health-care landscape in the country by bringing a large insurer and a big provider of pharmacy services under one roof.

In an agreement that has been months in the making and is likely to be announced later Sunday, Aetna stockholders are to receive $207 per share, $145 in cash and $62 in stock, according to people familiar with the matter. (WSJ)

NOTE: Would it not seem to you to be somewhat Monopolistic? Now a major retailer of prescription drugs will be in control of Aetna Insurance and both will be under the thumbnail of BIG Pharma and the Food and Drug Administration. ~ Ed.