|Mega Merger Monday!|
CVS to Buy Aetna for $67.5 Billion, Remaking Health Care Sector By
December 3, 2017, 1:46 PM EST Updated on December 3, 2017, 6:04 PM EST
Drugstore chain will pay $207 a share, $145 a share in cash
Companies bet on bringing health care closer to consumers
CVS Health Corp. will buy Aetna Inc. for about $67.5 billion, creating a health-care giant that will have a hand in everything from insurance to the corner drugstore.
CVS will pay $207 a share for Aetna, with $145 a share in cash and the rest in stock, the companies said in a statement Sunday. That’s a 29 percent premium to Aetna’s share price on Oct. 25, the day before the companies were reported to be in talks.