KM Financial Solutions | UPDATE 3-CVS, Aetna executives defend $69 bln deal to skeptical Wall St
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UPDATE 3-CVS, Aetna executives defend $69 bln deal to skeptical Wall St

UPDATE 3-CVS, Aetna executives defend $69 bln deal to skeptical Wall St

NEW YORK, Dec 4 (Reuters) – CVS Health Corp and
Aetna Inc on Monday said their $69 billion deal to
combine the pharmacy and drug benefit manager and the No. 3 U.S.
health insurer would transform healthcare and deliver cost
savings, but investors took a pessimistic view of the
combination in the short term.

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