CVS HealthCorp. reached a deal to buy Aetna Inc. for $69 billion in cash and stock, The Wall Street Journal reported Dec. 3,citing sources familiar with the matter.
Under the long-rumored deal, Aetna shareholders will receive$207 a share, including $145 in cash and $62 in stock, according to WSJ sources. The deal is expected to beformally announced later in the day.
Both companies have been in deal talks since October,according to newsreports. If approved by federal regulators, the deal would put achain of retail pharmacies, a pharmacy benefit manager, or PBM, and ahealthcare provider under the control of a single company.
