You are here: Home » Reuters » News
Business Standard

U.S. DoJ will not challenge Aetna-CVS deal - report


(Reuters) - Shares of CVS Corp and insurer Inc rose more than 2 percent on Thursday after reported that the will not challenge their planned merger.

said reported the news, citing trade publication Reorg Research.

CVS Corp and announced the $69 billion deal on Dec. 3 last year, arguing it would enable the companies to tackle soaring by offering in pharmacies.

and CVS declined to comment.

(Reporting by in Bengaluru; Editing by Saumyadeb Chakrabarty)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, July 12 2018. 23:37 IST