Judge urges CVS, Aetna not to integrate operations just yet
A U.S. District judge said it would be “more than reasonable” for CVS and Aetna to keep their businesses separate while he reviews the acquisition.
By Mike Scarcella|December 03, 2018 at 02:05 PM|The original version of this story was published on The National Law Journal
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A federal judge agreed Monday to appoint an outside lawyer to monitor CVS Health Corp.’s acquisition of Aetna Inc. but raised continued concernsabout the two companies integrating their businesses while the $69 billion deal remains under his review.
U.S. District Judge Richard Leon in Washington, D.C., suggested CVS’s management should be insulated from Aetna’s while he weighs approving the companies’ settlement with the Justice Department, which cleared the acquisition on the condition the insurance giant sell off its independent prescription drug plan business.
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