An apparent deal to buy Coventry Health Care (CVH) for $5.7B will make Aetna (AET) one of the...

|By:, SA News Editor

An apparent deal to buy Coventry Health Care (CVH) for $5.7B will make Aetna (AET) one of the biggest providers of Medicare and Medicaid plans. The 65% cash/35% stock deal - about $42.08 a share, a 20.4% premium to CVH's Friday close - has been approved by both boards, the WSJ reports.