The news about CVS’s proposed acquisition of Aetna hit the healthcare industry this past weekend like a bolt from the blue. But for many, as the initial shock wears off what remains is a mix of ...

U.S. drugstore chain operator CVS Health Corp. said on Sunday it had agreed to acquire U.S. health insurer Aetna Inc. for $69 billion, seeking to tackle soaring healthcare spending through lower ...

CVS Health Corp. plans to buy Aetna Inc. for $69 billion in a blockbuster deal that would further consolidate the U.S. healthcare industry by merging the nation’s largest pharmacy chain with a ...

CVS Health Corp. is also one of the nation's biggest pharmacy benefit managers, processing more than a billion prescriptions a year for clients like large employers and insurers including Aetna Inc.

CVS valued Aetna at $207 a share and combines a large pharmacy and retail footprint with pharmacy benefits and insurance. The deal also creates a massive data pool that could lead to more ...

CVS Health’s proposed $69-billion purchase of health insurer Aetna is driven in part by the companies’ efforts to get control over more of the costs they face, and to make their operations ...

When the company reports its second-quarter earnings results on Thursday, investors will be watching to see whether it can ...

CVS will pay about $207 in cash and stock for each share of Aetna. The boards of both companies have approved the deal, and the companies expect the deal to close in the second half of next year.

Aetna stockholders are to receive $207 per share—$145 in cash and 0.8378 of a CVS share, or $62, in stock, the companies announced Sunday.

CVS Health has made the idea a key part of its strategy as it continues its integration with Aetna in the wake of the two companies’ $69 billion mega-merger.

CVS Health Corp. and Aetna Inc. were both talking to other potential partners during early discussions that led to their $68 billion merger, according to a regulatory filing Thursday.

Under the partnership, Aetna members can connect with GI care teams via virtual visits, according to an April 6 press release from CVS Health.