A Locke Lord team led by Jon Biasetti, Tim Farber and Steve Whitmer (all of Chicago), served as national insurance regulatory counsel to CVS Health (NYSE: CVS) in its completed acquisition of Aetna (NYSE: AET). The deal, originally announced in December 2017, is valued at approximately $70 billion and brings together one of the nation’s largest pharmacy chains and one of the largest health insurers. According to the CVS Health press release, the combined company will connect consumers with the powerful health resources of CVS Health in communities across the country and Aetna's network of providers to help remove barriers to high-quality care and build lasting relationships with consumers, making it easier for consumers to access the information, resources and services they need to achieve their best health. Additional assistance was provided by Randy Hack, Brian Hays, Paige Waters and Sky Emison (all of Chicago) and Norris Clark (Los Angeles).
Posted on November 28, 2018