The Real Reason CVS Wants to Buy Aetna? Amazon - News Summed Up

The Real Reason CVS Wants to Buy Aetna? Amazon


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



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