For Aetna, 2017 was a tale of two (very different) mergers. The year began with the death of the health insurer’s proposed $37 billion corporate marriage with smaller rival Humana; it ended with a far more tantalizing M&A, a $69 billion deal to be acquired by retail pharmacy giant CVS. The latter, cross-sector purchase has the potential to upend the health industry in a number of ways, according to a spate of industry analysts and Aetna CEO Mark Bertolini, including the potential to better control drug costs and provide primary care services outside of pricey hospital settings.
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Same or next-day delivery is available at the pharmacy chain's 9,800 U.S. locations.
CVS Health pulled back the curtain on what the management roster will be.
"The CEO is terribly important," Warren Buffett said.
CVS also suspended its share buyback plan while waiting for the approval