Aetna plans to buy Humana, with the deal valued at about $37 billion, including debt. Humana has nearly 3.2 million people enrolled in Medicare Advantage plans. Aetna’s purchase price for Humana includes a combination of cash and stock worth about $230 per share. Aetna shareholders would end up owning about 74% of the combined company, and Aetna’s leader, Mark Bertolini, would serve as chairman and chief executive. The combined company would cover more than 33 million people.
This was reported by The Los Angeles Times on July 3, 2015.
Contact Information: Cynthia Michener, Assistant Vice President – Public Relations, Aetna Inc., 151 Farmington Avenue, Hartford, CT 06156; 860-273-8553; E-mail: firstname.lastname@example.org; Website: www.aetna.com