{"id":3353,"date":"2019-10-18T15:36:53","date_gmt":"2019-10-18T15:36:53","guid":{"rendered":"http:\/\/www.www.idahoinsuranceagency.com\/?p=3353"},"modified":"2023-07-20T18:14:34","modified_gmt":"2023-07-20T18:14:34","slug":"cvs-pharmacy-to-buy-health-insurance-company-aetna-for-69-billion","status":"publish","type":"post","link":"https:\/\/www.idahoinsuranceagency.com\/cvs-pharmacy-to-buy-health-insurance-company-aetna-for-69-billion\/","title":{"rendered":"\u200bCVS Pharmacy to Buy Health Insurance Company &#8220;Aetna&#8221; for $69 billion"},"content":{"rendered":"<p>At $207 per share in cash and stock, Aetna&#8217;s board of directors approved the sale of their company to CVS Health Corp. Share holders, however, will only be getting $145 for each of their shares, and the rest will be made up in CVS shares. THis will mean Aetna shareholders will own roughly 22% of the CVS.<\/p>\n<div class=\"paragraph\">\n<div class=\"paragraph\">\n<p>This will be the year&#8217;s largest corporate acquisition in the healthcare world. Many are saying that this will allow them to negotiate lower drug prices. Others are denouncing this sale as a move towards monopoly with this vertical merger. Regardless of what others think, the company is planning on investing billions in clinics and services.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>At $207 per share in cash and stock, Aetna&#8217;s board of directors approved the sale of their company to CVS Health Corp. Share holders, however, will only be getting $145 for each of their shares, and the rest will be made up in CVS shares. THis will mean Aetna shareholders will own roughly 22% of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[18],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u200bCVS Pharmacy to Buy Health Insurance Company &quot;Aetna&quot; for $69 billion - Idaho Insurance Agency<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.idahoinsuranceagency.com\/cvs-pharmacy-to-buy-health-insurance-company-aetna-for-69-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u200bCVS Pharmacy to Buy Health Insurance Company &quot;Aetna&quot; for $69 billion - Idaho Insurance Agency\" \/>\n<meta property=\"og:description\" content=\"At $207 per share in cash and stock, Aetna&#8217;s board of directors approved the sale of their company to CVS Health Corp. 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