CVS Health in talks to buy health insurer Aetna: WSJ

Industry:    2017-10-28

Drug retailer CVS Health Corp (CVS.N) is in talks to buy health insurer Aetna Inc (AET.N), the Wall Street Journal reported on Thursday, citing sources.

Aetna’s shares closed up 11.5 percent at $178.60, after hitting $184.98.

CVS Health’s stock closed down 2.9 percent at $73.31.

Aetna had a market cap of $53.2 billion as of Wednesday’s close, according to Thomson Reuters data.

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