CVS-Aetna merger values Aetna $9B above market

THE PROPOSED MERGER between CVS Health and Aetna overvalues Aetna stock by about $9 billion, according to the market. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE
THE PROPOSED MERGER between CVS Health and Aetna overvalues Aetna stock by about $9 billion, according to the market. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE
WOOSNSOCKET – With separate CVS Health and Aetna shareholders’ votes scheduled for March 13 in New York City, the companies’ proposed merger offer of Aetna stock remains overvalued by about $9 billion, according to the market. According to a U.S. Securities and Exchange Commission filing announcing the shareholders’ voting meeting date, the merger consideration represented…
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