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Aetna, Humana face federal antitrust lawyers in court. The companies contended the deal would not lessen competition. They also said their complementary strengths in technology and relationships ...
Aetna will spend about $35 billion to buy rival Humana and become the latest health insurer bulking up on government business as the industry adjusts to the federal healthcare overhaul.
That brings the total cost of the Humana deal to more than $1.8 billion. And all for nothing. Compare that to the $450 million Aetna said it incurred in pre-tax operating losses on the Obamacare ...
Aetna and Humana will "carefully consider all available options" after a federal court ruling that blocked the health insurance giants' planned $37 billion merger, the companies said Tuesday.
Aetna announced it has called off a proposed deal to buy its rival Humana after a court blocked the merger on the grounds it would hurt competition in the health insurance market.
Aetna announced last summer that it planned to buy Humana for $37 billion, adding to a wave of proposed mergers in the health insurance industry. Also pending is a proposal by Anthem to purchase Cigna ...
The big are getting bigger: Aetna and Humana, the nation's number three and number four health insurers by revenue, are merging. Aetna will pay about $230 per share for Humana, in a $37 billion ...
Aetna Media Contact: Sard Verbinnen & Co Meghan Gavigan/Patrick Scanlan, 212-687-8080 or Aetna Investor Contact: Tom Cowhey, 860-273-2402 [email protected] or Humana Media Contact: Tom Noland, 502 ...
WASHINGTON (CN) — A federal judge Monday blocked health insurance giant Aetna’s $37 billion acquisition of Humana, citing antitrust concerns of reduced competition.. In a 158-page ruling, U.S.
Aetna agreed to buy Humana for $34.1 billion, following weeks of frenzied merger talks among large health insurers. Deal would add to Aetna’s Medicare business.
In a complaint filed in Boston federal court, the DOJ alleged that CVS Health’s Aetna, Elevance Health and Humana engaged in a vast kickback scheme with insurance brokers eHealth, GoHealth and ...
Updated at 4:57 p.m. WASHINGTON — Opening salvos were fired Monday in the antitrust case against the proposed merger of Aetna and Humana, with Justice Department attorneys arguing the tie-up ...