Aetna (AET) Declares $0.50 Quarterly Dividend; 1.1% Yield

Aetna (AET) volatility flat into CVS Health (CVS) purchase for approximately $69B

December 4, 2017 5:01 AM EST

Aetna (NYSE: AET) December weekly call option implied volatility is at 29, December is at 26, January is at 20; compared to its 52-week range of 16 to 43 into CVS Health (CVS) announcing the purchase of Aetna for $145 per share in cash and 0.8378 CVS Health shares for each Aetna share.

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CVS Health (CVS) to Acquire Aetna (AET) for $69 Billion

December 3, 2017 9:35 PM EST

CVS Health (NYSE: CVS) and Aetna (NYSE: AET) announced the execution of a definitive merger agreement under which CVS Health will acquire all outstanding shares of Aetna for a combination of cash and stock. Under the terms of the merger agreement, which has been unanimously approved today by the boards of directors of each company, Aetna shareholders will receive $145.00 per share in cash and 0.8378 CVS Health shares for each Aetna share. The transaction values Aetna at approximately $207 per share or approximately $69 billion1. Including the assumption of Aetna's debt,... More

CVS-Aetna deal to change how big employers buy health benefits

December 3, 2017 4:18 PM EST

By Caroline Humer

NEW YORK (Reuters) - CVS Health Corp's (NYSE: CVS) proposed purchase of Aetna Inc (NYSE: AET) will change the way many major U.S. corporations buy health coverage for employees and raise new questions over the cost of those benefits, benefit consultants said.

CVS on Sunday said it planned to buy Aetna for $69 billion.

Most national companies employing more than 20,000 people keep their prescription drug benefits separate from medical coverage. They believe they are paying less by shopping those contracts around to competitors... More

CVS Health to acquire Aetna for $69 billion in year's largest acquisition

December 3, 2017 11:12 AM EST

By Carl O'Donnell and Caroline Humer

(Reuters) - U.S. drugstore chain operator CVS Health Corp (NYSE: CVS) said on Sunday it had agreed to acquire U.S. health insurer Aetna Inc (NYSE: AET) for $69 billion, seeking to tackle soaring healthcare spending through lower-cost medical services in pharmacies.

This year's largest corporate acquisition will combine one of the nation's largest pharmacy benefits managers (PBMs) and pharmacy operators with one of its oldest health insurers, whose national business ranges from employer healthcare to government plans.

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Exclusive: CVS eyes major expansion of health clinics with Aetna deal - sources

December 1, 2017 2:42 PM EST

By Carl O'Donnell, Bill Berkrot and Caroline Humer

NEW YORK (Reuters) - CVS Health Corp (NYSE: CVS) is planning to significantly expand health services at its retail pharmacies if it completes a more than $66 billion deal for insurer Aetna Inc (NYSE: AET), a move that could save more than $1 billion annually, people familiar with the matter said.

A key rationale is to use many of the U.S. pharmacy chain's 9,700 brick-and-mortar outlets to improve access to preventative care and cut back on some emergency room visits for Aetna's roughly 23... More

UPDATE: CVS Health (CVS) Eyes Major Expansion of Health Clinics on Aetna (AET) Deal - Reuters

December 1, 2017 2:38 PM EST

(Updated - December 1, 2017 2:42 PM EST)

CVS Health (NYSE: CVS) is planning to significantly expand health services at its retail pharmacies if it completes a deal for Aetna (NYSE: AET), according to Reuters, citing people... More

CVS closes in on deal to buy health insurer Aetna: source

November 30, 2017 10:56 AM EST

By Carl O'Donnell

(Reuters) - CVS Health Corp (NYSE: CVS) is moving closer to a more than $66 billion cash and stock deal to buy health insurer Aetna Inc (NYSE: AET) that could be announced as early as Monday, a source familiar with the matter said on Thursday.

The companies are in advanced stages of negotiating a deal that would value Aetna at between $200 and $205 per share and would be comprised mainly of cash,... More

Aetna (AET) call put ratio 14 to 1 on CVS (CVS) near deal to buy, WSJ reports

November 30, 2017 10:47 AM EST

Aetna (NYSE: AET) call put ratio 14 to 1 on CVS (CVS) near deal to buy Aetna for $200-$205 per share, WSJ reports .

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CVS Health (CVS), Aetna (AET) Deal Could Be Announced Monday - WSJ

November 30, 2017 10:42 AM EST

(Updated - November 30, 2017 10:45 AM EST)

(Updated - November 30, 2017 10:45 AM EST)

CVS Health (NYSE: CVS) is moving closer to an agreement to acquire Aetna (NYSE: AET) for $66 billion in cash and stock, according to... More