DOJ Gives Preliminary Approval to CVS Merger with Aetna

(From CNBC)

The Department of Justice gave preliminary approval Wednesday for CVS Health’s acquisition of insurer Aetna, cementing a deal that could transform how U.S. consumers access health care.

The two companies cleared their path to merge when Aetna announced Sept. 27 that it reached an agreement to sell its Medicare Part D drug plan business to WellCare Health Plans for an undisclosed amount.

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