Three pension funds that are investors in Coventry Healthcare (CVH) have sued to block its $5.6B...

|By:, SA News Editor

Three pension funds that are investors in Coventry Healthcare (CVH) have sued to block its $5.6B acquisitions by Aetna (AET). Among other things, the funds argue that Coventry's shareholders are receiving a premium of just 20%, far less than premiums in other similar deals, which are as much as 43%.