Aetna Said to Near $34 Billion Cash and Stock Humana Acquisition
2015-07-03 00:47:26.391 GMT
By Ed Hammond
(Bloomberg) -- Aetna Inc., the U.S. health insurer, is
nearing an agreement to acquire Humana Inc. for about $34
billion in cash and stock, people with knowledge of the matter
said.
Aetna is close to a deal that would value its smaller rival
at about $230 per share, the people said, asking not to be
identified as the information is private. The companies have
been locked in intense negotiations for two weeks and could
announce a transaction as soon as this weekend, according to the
people.
Representatives for Aetna and Humana declined to comment.
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To contact the reporter on this story:
Ed Hammond in New York at +1-212-617-1963 or
ehammond12@bloomberg.net
To contact the editors responsible for this story:
Jeffrey McCracken at +1-212-617-8517 or
jmccracken3@bloomberg.net
Ben Scent, Elizabeth Wollman
2015-07-03 00:47:26.391 GMT
By Ed Hammond
(Bloomberg) -- Aetna Inc., the U.S. health insurer, is
nearing an agreement to acquire Humana Inc. for about $34
billion in cash and stock, people with knowledge of the matter
said.
Aetna is close to a deal that would value its smaller rival
at about $230 per share, the people said, asking not to be
identified as the information is private. The companies have
been locked in intense negotiations for two weeks and could
announce a transaction as soon as this weekend, according to the
people.
Representatives for Aetna and Humana declined to comment.
For Related News and Information:
Top Stories:TOP<GO>
To contact the reporter on this story:
Ed Hammond in New York at +1-212-617-1963 or
ehammond12@bloomberg.net
To contact the editors responsible for this story:
Jeffrey McCracken at +1-212-617-8517 or
jmccracken3@bloomberg.net
Ben Scent, Elizabeth Wollman