CVS, Aetna asked for more information by DOJ, deal still expected to close this year

CVS Health Corp. and Aetna Inc. said they each received Thursday a request for additional information from the Justice Department in connection with the department’s review of their potential $69 billion merger. The companies still expect the deal will close in the second half of the year. “Aetna and CVS Health have been cooperating with the DOJ staff since shortly after the announcement of the Merger Agreement and are continuing to cooperate with the DOJ staff in its review of the transactions contemplated by the Merger Agreement,” the companies said in the filing. The deal, announced in December, is subject to shareholder and other approvals. Shares of CVS rose 0.3% and shares of Aetna gained less than 0.1% in late trading Thursday after ending the regular trading session up 0.1% and 0.3%.

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