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CVS To Buy Aetna: What You Need To Know
Monday, December 4, 2017 - 9:56am | 391CVS Health Corp (NYSE: CVS) and Aetna Inc (NYSE: AET) confirmed in a joint announcement on Sunday that the two companies reached an agreement to merge after weeks of speculation. What You Need To Know CVS will acquire Aetna in a deal worth approximately $69 billion ($77 billion including Aetna...
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Aetna, Humana Call Off Merger; Both Companies Said To 'Move Forward With Their Respective Strategies'
Tuesday, February 14, 2017 - 9:23am | 290The mega-merger between Aetna Inc (NYSE: AET) and Humana Inc (NYSE: HUM) was officially called off Tuesday morning, although this shouldn't come as a surprise after a ruling from the U.S. District Court for the District of Columbia declined the transaction. A joint press release from the two...
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Everything You Need To Know About Aetna And Humana's Pending Merger
Wednesday, January 18, 2017 - 11:09am | 608While questions and uncertainties persist regarding healthcare companies' prospects in the wake of an Affordable Care Act repeal, let's look ahead to what is in store for the impending merger between Aetna Inc (NYSE: AET) and Humana Inc (NYSE: HUM). Merger Deal Announced After a Wall Street...
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Aetna's Withdrawal From Obamacare Linked To DOJ's Issues With Humana Acquisition
Wednesday, August 17, 2016 - 4:50pm | 618On Monday, Aetna Inc (NYSE: AET) announced it was substantially reducing its presence on the individual exchanges next year. The insurer said it would stop offering policies on the public exchanges in 11 of the 15 states where it currently operates, only continuing to sell Affordable Care Act...
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Aetna Will Now Sell Obamacare Products In Just 4 States
Tuesday, August 16, 2016 - 9:11am | 325Aetna Inc (NYSE: AET), one of the largest healthcare benefits companies, provided an update on the company's 2017 participation in the Affordable Care Act, also known as Obamacare. In a press release issued Monday evening, Aetna CEO Mark Bertolini said the company decided to reduce its individual...
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Is There Enough Sector Competition For The Aetna-Humana Deal?
Wednesday, August 5, 2015 - 3:35pm | 419It seems everything is working in the favor of Aetna Inc (NYSE: AET) right now. The company reported very strong second-quarter numbers on Tuesday, as it prepares to complete the $37 billion Humana Inc (NYSE: HUM) acquisition. Aetna Chairman and CEO Mark Bertolini was on CNBC recently to discuss...
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Aetna CEO Sees Divestitures As 'Very Manageable' In Humana Merger
Monday, July 6, 2015 - 1:38pm | 387Aetna Inc (NYSE: AET) hosted a conference call earlier on Monday to discuss its $37 billion acquisition of Humana Inc (NYSE: HUM). Mark Bertolini, Aetna chairman and CEO, was on CNBC following the conference call to discuss the antitrust concerns over the deal. Divestitures Are Very Manageable...
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Leerink Is Changing Targets At These 7 Biotechs
Tuesday, May 12, 2015 - 12:54pm | 869In a report published Tuesday, a team of Leerink analysts altered their price targets on seven stocks within the biotech sector. Here is a summary of the changes: Aetna: Bullish On M&A Front Shares of Aetna Inc (NYSE: AET) were maintained with an Outperform rating with a price target...
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Aetna CEO Mark Bertolini Talks Medicare Advantage Growth
Thursday, January 23, 2014 - 1:45pm | 316President, Chairman and CEO of Aetna (NYSE: AET) Mark Bertolini commented on the company's Medicare Advantage product and its growth across the country on CNBC's Squawk Box Wednesday morning. According to Bertolini, “Medicare Advantage is too big now,” a perception that some policy makers agree...
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Aetna Q2 Earnings Give Positive Outlook for Insurance Companies (AET)
Tuesday, July 30, 2013 - 10:29am | 217Shares of health Insurance company Aetna (NYSE: AET) were up in the pre-market after the company reported Q2 earnings. EPS beat expectations by 7.8 percent at $1.52, while revenue missed by 3.75 percent, coming in at $11.54 billion. Pleased with second quarter results, CEO Mark Bertolini...