The companies announced the completion of their approximately $70 billion merger Wednesday morning.
Wednesday, November 28, 2018
 

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CVS-Aetna Finalized: Megamerger's Closure Could Bring Big Impact for U.S. Healthcare Industry

CVS Health and Aetna Inc. announced the completion of their approximately $70 billion merger Wednesday morning, days after New York state regulators signed off on a deal with the potential to reshape the healthcare industry.

The deal capped off an eventful year for both companies as they have vertically integrated heading into 2019.

The DOJ signed off last month, and state regulators imposed stipulations of their own.

The most significant stipulation was Aetna's sale of its Medicaid Part D business to WellCare Health Plans.

Both CVS and Aetna saw their stocks rise in recent days as state regulators from California and New York blessed the deal. Read the full story.

 

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