Aetna Nearing Deal To Buy Humana

Aetna Inc. is reportedly nearing the acquisition of Humana Inc., and could reach a deal as early as this weekend, Bloomberg reports.

Citing people familiar with the developments, Bloomberg reports Aetna made a formal bid this week in the form of cash and stock, though Humana is said to have received two offers, one from Aetna and another from Cigna.

Humana board prefers Aetna’s offer

According to the Bloomberg report, discussions between Aetna Inc., the second largest U.S. health insurer by market value and Louisville-based Humana, Inc. have intensified during recent days, after it emerged over the weekend that rivals Anthem Inc., and Cigna Corp had held merger talks of their own.

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