Bloomberg: CVS-Aetna deal close to clearing antitrust process

CVS Health’s takeover of health insurance giant is likely close to clearing the antitrust process with the Department of Justice, Bloomberg reported last week.

The deal, which is valued at approximately $69 billion, has come under fire recently over concerns of declining market competition and consumer choice.

CVS officials were confident the deal would move forward during the company’s most recent quarterly earnings call with analysts, and even specified when they expect the transaction to close–a sign that the deal will win approval of federal regulators, according to Bloomberg.

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