Under the terms of the transaction, each outstanding share of Aetna common stock is being exchanged for $145.00 in cash and 0.8378 shares of CVS Health common stock. CVS Health is not issuing any fractional shares in the transaction.
What's new at CVS Health & Aetna?
Among other activities, CVS Health will build on its successful Project Health screening events at CVS Pharmacy and Aetna's commitment to building healthier communities to offer new preventive health screenings in communities that are identified as high-risk for certain health challenges.
Should you buy CVS (CVS) if it's merged with Aetna?
Investors have a huge incentive to take a chance on CVS stock with this merger. Its current 11.3 price-to-earnings (P/E) ratio comes in well below the average 19.5 P/E the stock saw over the last five years. It also holds a guaranteed book of business with Aetna’s 13.1 million pharmacy benefit management service members.
