Why I'm Excited About the $70 Billion CVS-Aetna Deal

If you were decorating for the holidays or glued to NFL games last weekend, you might have missed some massive news: CVS Health Corp. announced it'd buy Aetna Inc. for a cool $70 billion. Of course, the deal had been discussed as a possibility for weeks, but it's finalized now - it looks for all the world like it's going to happen. In the press release announcing the deal, CVS Health President and Chief Executive Officer Larry J. Merlo said, "This combination brings together the expertise of two great companies to remake the consumer healthcare experience. With the analytics of Aetna and CVS Health's human touch, we will create a healthcare platform built around individuals." That's putting it mildly. And, in a turn I find completely unsurprising, Wall Street is downplaying and even dismissing the deal. I think that's a huge disservice to the public. Because I think this deal is one of 2017's biggest. It's going to be transformational... and a potential goldmine. Tags: Wall Street To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why I'm Excited About the $70 Billion CVS-Aetna Deal appeared first on Money Morning - We Make Investing Profitable .
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