CVS is confirming that it’s buying Aetna for $69 billion in a deal that will help the drugstore chain reach deeper into customer health care and protect a key client.
CVS Health Corp. released a statement Sunday saying it will pay cash and stock for Aetna Inc.
The mammoth acquisition pairs a company that runs more than 9,700 drugstores and 1,100 walk-in clinics with an insurer that covers about 22 million people.