Report: CVS In Talks To Buy Aetna

(CBS Connecticut) – CVS Health is reportedly in talks to buy Hartford-based Aetna. That is according to the Wall Street Journal, which cited people familiar with the matter, in a report on its website Thursday afternoon.

Aetna, the nation’s third largest insurer, has announced plans to relocate its headquarters to New York City. The company previously sought to buy rival insurer Humana, but the deal fell apart amid opposition.

News of CVS’ bid sent Aetna shares sharply higher before the closing bell Thursday afternoon.

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Connecticut

Sign Up Today!
Hear WTIC Podcasts
At The Box Office

Listen Live