https://nypost.com/2019/06/10/fed-judge-nears-nixing-69b-cvs-aetna-deal-sources/
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According to the AMA, DOJ's argument that there should be no concern that CVS could harm competition in the Part D market is far too simplistic. In its opposition to the proposed settlement, AMA said its experts concluded the merger would likely injure consumers by raising prices, lowering quality, reducing choice and stifling innovation in five markets: PDP, PBM services, health insurance, retail pharmacy and specialty
Barron's just reported today, 06/11/19 that it is expected that Judge Leo will rule against the merger.
There might be some truth to this story... Other news organizations are picking up on this story and running with it. The stock is down slightly today on this news, and corporate put out a statement today, saying cvs and aetna are one company, and we don't comment on rumors and speculation, etc. (blah, blah, blah) This will not end well!
First off, a rejection of the agreement by judge leon will send this to the appeals court. If the appeal fails, and a new deal has to be redone from scratch, this COULD lead to the outright falling apart of the merger itself! This will probably push the stock into the upper 30's/low 40's. (possibly 20's) Not good at all.
WOW, just wow! There will probably be fallout from this epic failure...