CVS, Aetna shares jump on report about deal’s antitrust status

By
and
-
CVS HEALTH CORP. and Aetna Inc. stocks jumped Thursday following a report from Reorg Research that said the companies' acquisition deal may not be blocked by antitrust regulators. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE
NEW YORK - Shares of CVS Health Corp. and Aetna Inc. spiked Thursday after a report by Reorg Research that United States antitrust enforcers might not move to block the health care companies’ deal. The publication reported that Justice Department staff are expected to support approval of the about-$68 billion takeover, and will make their recommendation…
To read the full story, Subscribe or
Subscribe to PBN
- Advertisement -

RELATED ARTICLESMORE FROM AUTHOR