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CVS Health defends merger and integration of Aetna

December 15, 2018 / Susan Morse

Ahead of a federal court hearing on Tuesday, CVS Health is defending its merger with Aetna, through briefs filed on Friday. On Friday, the Department of Justice, which has approved the acquisition, also filed a brief which states the court has the authority to reject a proposed merger settlement, but not the entire deal. There are two questions here. One is whether U.S. District Court Judge Richard Leon will rule against the merger settlement in the antitrust Tunney Act proceeding. The hearing is scheduled for Tuesday, Dec. 18.