DOJ asks court for final approval of CVS-Aetna deal
The Department of Justice has asked a judge to approve the $69 billion merger between CVS Health and Aetna, which was closed by the two companies at the end of 2018, Reuters reported. The deal has been hung up on court approval, though it has been approved by all other regulators and the DOJ.
As the deal was set to close, Judge Richard Leon of the U.S. District Court for the District of Columbia noted that the government appeared to have given the transaction a “rubber stamped” approval and voiced antitrust concerns.
At this point, Leon could approve the deal or hold a hearing to bring voice to critics of the deal, Reuters reported.
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