CVS Health-Aetna merger receives conditional approval

Source: CVS Investor Relations, Thursday, Oct 11, 2018

CVS Health has been given the Department of Justice’s approval for its proposed acquisition of health insurer Aetna - with one condition. The DOJ’s clearance came with the requirement that Aetna divest its standalone Medicare Part D prescription drug plans - a move that already has been announced, with WellCare Health Plans set to take over the plans, which have roughly 2.2 million members.