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CVS + Aetna
CVS has agreed to buy Aetna for roughly $69 billion. The deal helps bolster CVS as Amazon ramps up its pharmaceutical efforts.
The Senate passed its tax plan in the early hours Saturday. Next is reconciling the House and Senate plans before sending a final version to President Trump by Christmas.
Disney has restarted talks to acquire large parts of 21st Century Fox, The New York Times reports. A sale would likely include the 20th Century Fox movie studio, cable channels such as FX, and foreign broadcasters.
“CVS Health just revealed the high cost of defending against Amazon.”
Robert Cyran, Reuters
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