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Aetna (AET) confirms a report that it has agreed to acquire Coventry Health Care (CVH), with the...

Aetna (AET) confirms a report that it has agreed to acquire Coventry Health Care (CVH), with the deal valued at $7.3B, including the assumption of Coventry's debt. (PR)
Comments (5)
  • jeanewight
    , contributor
    Comments (339) | Send Message
     
    OK, discuss amongst yourselves.....I am long AET....Anybody have a thought, positive or negative, on this acquisition?
    20 Aug 2012, 07:01 AM Reply Like
  • Christopher Grosvenor, CMT
    , contributor
    Comments (254) | Send Message
     
    Off the top of my head, industry consolidation is probably a good thing. How the stock reacts short-term will depend on if they used cash (positive), or financing (negative).
    20 Aug 2012, 07:11 AM Reply Like
  • jeanewight
    , contributor
    Comments (339) | Send Message
     
    Apparently AET wil pay 65% in cash; Stone Fox Capital's article that came out today covers the details( insofar as they are available).
    20 Aug 2012, 01:29 PM Reply Like
  • Remyngton
    , contributor
    Comments (354) | Send Message
     
    Medicare play
    22 Aug 2012, 02:23 PM Reply Like
  • jeanewight
    , contributor
    Comments (339) | Send Message
     
    @Remyngton: most assuredly, yes
    22 Aug 2012, 06:24 PM Reply Like
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