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CVS Health to Acquire Aetna; Combination to Provide Consumers with a Better Experience, Reduced Costs and Improved Access to Health Care Experts in Homes and Communities Across the Country

Source CVS Health
Published Date 12/4/2017
Combines CVS Health’s Unmatched Local Presence and Clinical Capabilities with Aetna’s Leading Health Care Benefits and Services  

CVS Health (NYSE: CVS), a company at the forefront of changing the health care landscape, and Aetna (NYSE: AET), one of the nation's leading diversified health care benefits companies, today announced the execution of a definitive merger agreement under which CVS Health will acquire all outstanding shares of Aetna for a combination of cash and stock. Under the terms of the merger agreement, which has been unanimously approved today by the boards of directors of each company, Aetna shareholders will receive $145.00 per share in cash and 0.8378 CVS Health shares for each Aetna share. The transaction values Aetna at approximately $207 per share or approximately $69 billion1. Including the assumption of Aetna's debt, the total value of the transaction is $77 billion. ...
View the entire CVS Health article
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Featured Companies
Aetna Inc.
Hartford, CT
 
CVS Health
Woonsocket, RI
 

Company Representatives Featured
Mark T. Bertolini
[Chief Executive Officer and President]
Aetna Inc.
 
Carolyn Castel
[Media Relation Manager]
CVS Health
Media Contact
 
Michael McGuire
[Senior Director, Investor Relations]
CVS Health
Investor Relations Contact
 
 
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