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THE PROPOSED MERGER between CVS Health and Aetna overvalues Aetna stock by about $9 billion, according to the market. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

CVS-Aetna merger values Aetna $9B above market

WOOSNSOCKET – With separate CVS Health and Aetna shareholders’ votes scheduled for March 13 in New York City, the companies’ proposed merger offer of...
HELENA B. FOULKES, executive vice president of CVS Health Corp., is taking the top spot at Saks Fifth Avenue later this month. /PBN FILE PHOTO/RUPERT WHITELEY

Saks owner Hudson’s Bay appoints CVS veteran Foulkes as CEO

MONTREAL – Hudson’s Bay Co., the owner of Saks Fifth Avenue, named CVS Health Corp. executive Helena B. Foulkes its first female CEO as...
THE DEPARTMENT OF JUSTICE is asking for more information in its review of the CVS Health-Aetna merger proposal, extending the waiting period on the application 30 days. / BLOOMBERG FILE PHOTO /MICHAEL NAGLE

DOJ seeks new info on CVS Health-Aetna merger, extends waiting period...

WOONSOCKET — The U.S. Department of Justice extended the Hart-Scott-Rodino Antitrust Improvements Act waiting period for CVS Health Corp. and Aetna Inc.’s merger review...

Health stocks, including CVS, slump as Amazon-led group unveils efficiency plans

WILMINGTON, Del. – Health care stocks plunged after three companies led by Internet giant Amazon.com Inc. said they plan to collaborate on developing ways...
ACCORDING TO A PRELIMINARY prospectus, the value of the CVS Health purchase of Aetna is $69.7 billion. But the market value of Aetna as of the close of the markets Friday was $6.7 billion short of that figure. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

Market skeptical of CVS-Aetna merger valuation

WOONSOCKET – CVS Health Corp.’s preliminary prospectus for shareholders filed with the Securities and Exchange Commission Friday afternoon values its merger with Aetna Inc....
CVS HEALTH CORP. expects the new 2018 tax rules to increase its cash flow by $1.2 billion. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

CVS says new tax law expected to increase cash flow by...

WOONSOCKET - CVS Health Corp. issued its initial outlook for 2018 Thursday, saying it expects the new tax bill to increase its cash flow...
BOLD MOVE: Lisa Bisaccia, executive vice president and chief human resources officer for CVS Health, was part of the leadership team behind the company’s unprecedented decision to stop selling tobacco products in its stores. / PBN PHOTO/
RUPERT WHITELEY

‘Apprenticeships [are a] powerful tool for job growth’

Lisa Bisaccia, executive vice president and chief human resources officer for CVS Health, is responsible for the management of all human resources functions for...
HEALTHY AMBITION: The $69 billion merger proposal for CVS Health and Aetna promises better, less expensive health care; time will tell if that is delivered. / BLOOMBERG NEWS FILE PHOTO/­CHRISTOPHER LEE

With big promise, CVS-Aetna merger could improve health

For now, the most important issue that the proposed CVS Health Corp.-Aetna Inc. deal brings up is, will the merger deliver what the two...
CVS HEALTH CORP. HAS REACHED A DEAL to acquire Aetna Inc. for $69 billion. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

CVS Health, Aetna plan to offer lower cost, managed health care

WOONSOCKET — CVS Health Corp.’s $77 billion merger with Aetna Inc. would combine analytics and community-centered care in the patient-centered health model in 10,000...
IN A LETTER TO President Donald Trump, pharmacy industry CEOs, including CVS Health Corp. CEO Larry J. Merlo, pledging their commitment to stemming the opioid addiction epidemic and suggesting a public-private partnership. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS

CVS, eight pharmacy companies pledge partnership fighting opioid abuse in letter...

WOONSOCKET —  CVS Health CEO Larry J. Merlo joined eight other pharmacy industry CEOs in signing a letter to President Trump Wednesday pledging their...
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