CVS Health Corp. is in talks to buy Aetna Inc. for more than $66 billion as the drugstore giant scrambles to fortify itself against looming competition from Amazon.com Inc. amid a continuing reordering of the health-care industry.
CVS has made a proposal to buy the health insurer for more than $200 per share, people familiar with the matter said. The talks may not lead to a deal, but in a sign of their seriousness, the companies’ respective chief executives—Larry Merlo at CVS and Mark Bertolini at Aetna—have met multiple…
Article source: https://www.wsj.com/articles/cvs-health-is-in-talks-to-buy-aetna-sources-1509047642