BREAKING: The DOJ will allow the $69 billion CVS-Aetna deal to proceed.
The Department of Justice announced Wednesday that it will allow the $69 billion CVS-Aetna deal to proceed. | Aetna's plan to sell its Medicare Part D business to WellCare Health Plans has satisfied federal regulators.
| | The DOJ made the sale to WellCare a condition of the CVS-Aetna deal moving forward. |
"The divestitures required here allow for the creation of an integrated pharmacy and health benefits company that has the potential to generate benefits by improving the quality and lowering the costs of the healthcare services that American consumers can obtain," Assistant Attorney General Makan Delrahim of the DOJ's Antitrust Division said in a statement. [Read the full story...] | |
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