A federal judge reviewing a U.S. Justice Department decision to allow CVS Health Corp. to merge with health insurer Aetna has said that the agreement is valid under antitrust law. WellCare Health Plans Inc. (NYSE: WCG), a Tampa-based managed care provider for government-sponsored health programs, entered into an asset purchase agreement and related agreements with Aetna Inc. in September 2018 to acquire Aetna’s entire standalone Medicare Part D prescription drug plan business, also known as the Aetna Part D business, beginning Dec. 31, 2018, according to the U.S. Securities and Exchange Commission’s filing.
source https://finance.yahoo.com/m/7a6dd781-7a6b-3da2-9e01-dbcd79ae42ff/federal-judge-allows.html?.tsrc=rss