CVS buys Aetna in massive $69 billion move: Report

By Eddie Scarry

Published December 3, 2017 9:36pm ET

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CVS buys Aetna in massive $69 billion move: Report — The Wall Street Journal on Sunday described the acquisition of Aetna, one of the biggest health insurance companies in the U.S., "a landmark deal that would change the U.S. health-care landscape by bringing a large insurer and a big provider of pharmacy services under one roof." (AP Photo/Alan Diaz, File) | Alan Diaz

CVS, the pharmacy chain, closed a deal to purchase Aetna for a reported $69 billion.

The Wall Street Journal on Sunday described the acquisition of Aetna, one of the biggest health insurance companies in the U.S., “a landmark deal that would change the U.S. health-care landscape by bringing a large insurer and a big provider of pharmacy services under one roof.”

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Affordable Care Act Eddie Scarry Insurance Industry Media Mergers and Acquisitions Retail