CVS-Aetna deal reportedly could be reached by end of month

THE WALL STREET JOURNAL reported that CVS Health Corp. is in talks to buy Aetna Inc. and that a deal could be reached as soon as the end of the month. / BLOOMBERG FILE PHOTO /MICHAEL NAGLE
THE WALL STREET JOURNAL reported that CVS Health Corp. is in talks to buy Aetna Inc. and that a deal could be reached as soon as the end of the month. / BLOOMBERG FILE PHOTO /MICHAEL NAGLE

PROVIDENCE – CVS Health Corp. could reach a buyout deal for Aetna Inc. for $66 billion by the end of the month, the Hartford Courant reported Monday.

The information comes from the Wall Street Journal but neither company in the purported deal has commented on the speculation surrounding the possible deal. The source of the information was also not revealed.

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Rumors previously had the deal nearing $70 billion and possibly finishing in December. Sources also said that the talks have been going on for months.

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