Aetna to Acquire Humana for $37B, $230/Sh Cash, Stock Deal
July 03, 2015 at 03:03 AM EDT
Confirming weeks of speculation, health insurance titan Aetna (AET) said early Friday morning it will acquire Humana (HUM) for $37 billion in cash and stock, or $230 per Humana share, a 23% premium to Humana’s closing price of $187.57 on Thursday. The deal comes as U.S. markets are shut Friday for the long July 4th [...]