Jeepfanatic
Marksman
I doubt many of you have been following this but since my wife works for CVS it is extremely interesting to me.
CVS has been approved by Federal regulators to purchase Aetna Insurance Group with the only stipulation being they have to sell of Aetna's Medicare Part D business off.
What this means is that CVS will likely be looking to turn their stores from a retail store setting into medical clinics. This should result in a lot of additional revenue in profit. Their stock should be significantly higher in the next few years as they start to transform their business model.
CVS has been approved by Federal regulators to purchase Aetna Insurance Group with the only stipulation being they have to sell of Aetna's Medicare Part D business off.
What this means is that CVS will likely be looking to turn their stores from a retail store setting into medical clinics. This should result in a lot of additional revenue in profit. Their stock should be significantly higher in the next few years as they start to transform their business model.