November 09, 2012 at 19:05 PM EST
Aetna: DOJ Seeks Coventry Health Bid Info Amid Industry Consolidation
Aetna (AET) said Friday its proposed $5.6 billion acquisition of Coventry Health Care (CVH) has come under increased scrutiny by Justice Department antitrust regulators, who asked the companies for more information related to their deal. The country's third-largest health insurer, with 18.2 million members, Aetna is seeking to add Coventry's nearly 1 million members in its Medicaid business and about 250,000 in Medicare Advantage. With the
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