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CVS buy of Aetna around the corner?

Speculation about a potential CVS Health acquisition of health insurer Aetna has been mounting over the past month, and now it may have reached a crescendo.

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Speculation about a potential CVS Health acquisition of health insurer Aetna has been mounting over the past month, and now it may have reached a crescendo.

Published reports say the companies are in advanced negotiations and that a CVS-Aetna deal could be announced as soon as next week, according to an anonymous source cited in an .

As in earlier reports, the acquisition would be in the range of $200 per share and have a total deal value of roughly $66 billion. that news buzz of an impending proposal announcement hoisted shares of both companies.

Such an agreement — combining the nation’s largest pharmacy services company with one of its biggest health benefits providers — would be even more transformational than the merger of CVS and Caremark in 2007, which paired a drug store chain with a PBM.

Since then, CVS Health has refined its integrated model — which also includes medical clinic, specialty pharmacy and long-term care pharmacy units, among other services — and continues to demonstrate the possibilities for cost-effective care and improved health outcomes with its unique mix of capabilities.

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