Amazon.com Inc. has struck again. Only this time the internet giant is shaking up an industry it hasn’t yet entered. Amazon’s potential entry into the pharmacy-services industry helped spur CVS Health Corp.’s $66 billion bid for insurance giant Aetna Inc., according to a person familiar with the matter. An acquisition of a major insurer was among roughly a dozen strategies CVS’s management team recently presented to directors, the person said.
Source: Wall Street Journal October 26, 2017 22:35 UTC