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CVS Closes $70 Billion Aetna Deal

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By Drew Armstrong and Robert Langreth

November 28, 2018 at 4:14 PM UTC

This article is for subscribers only.

CVS Health Corp. has closed its $70 billion deal to buy health insurer Aetna Inc., ending months of reviews by state and federal regulators.

The companies announced the takeover almost a year ago in December 2017, promising to create an integrated health-care company whose pharmacy locations could be hubs for medical services while better managing patients.