U.S. antitrust enforcers might not move to block CVS Health’s acquisition of health insurance company Aetna, Bloomberg reported. The news, which was fueled from a report by Reorg Research, spiked shares of both companies last week.
Justice Department staff are expected to support approval of the $69 billion deal, which was announced in December 2017 and approved by shareholders of both companies in March.
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Amy joined TriMed Media as a Senior Writer for HealthExec after covering home care for three years. When not writing about all things healthcare, she fulfills her lifelong dream of becoming a pirate by sailing in regattas and enjoying rum. Fun fact: she sailed 333 miles across Lake Michigan in the Chicago Yacht Club "Race to Mackinac."