WSJ - US Business

CVS to Buy Aetna for $69 Billion, Combining Major Health-Care Players

CVS Health Corp. agreed to buy Aetna Inc. for about $ 69 billion in cash and stock in a move to transform the pharmacy company and capture more of what consumers spend on health care.​

Aetna stockholders are to receive $ 207 per share—$ 145 in cash and 0.8378 of a CVS share, or $ 62, in stock, the companies announced Sunday. That represents a premium of about 29% to where Aetna shares were trading before The Wall Street Journal reported that the companies were in talks in October. US Business

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