Mergers and Acquisitions

A drugstore chain that used to hawk cigarettes behind the front counter now wants to offer nutrition advice and work with your doctor to keep you healthy.

CVS and Aetna merge into one company, and the coming synergies as the companies integrate could provide big benefits to Medicaid and Medicare users.

CVS Health Corp's. proposed purchase of Aetna Inc. will change the way many major U.S. corporations buy health coverage for employees and raise new questions over the cost of those benefits, benefit consultants said.

U.S. drugstore chain operator CVS Health Corp. said on Sunday it had agreed to acquire U.S. health insurer Aetna Inc. for $69 billion, seeking to tackle soaring healthcare spending through lower-cost medical services in pharmacies.

Chipmaker Broadcom Ltd. took its first formal step toward a hostile bid to take over Qualcomm Inc. on Monday, unveiling a list of 11 nominees to the board of the U.S. semiconductor firm.

Insurer Hartford Financial Services Group said on Monday it would sell its life and annuity unit to a group of investors in a deal valued at $2.05 billion, as it looks to focus on its property and casualty businesses.

CVS will buy insurance giant Aetna in a roughly $69 billion deal that will help the drugstore chain provide more health care and keep a key client, according to a person with knowledge of the matter.

The Latest on CVS' plan to buy insurance giant Aetna in a roughly $69 billion deal (all times local): 6 p.m. CVS is confirming that it's buying Aetna for $69 billion in a deal that will help the drugstore chain reach deeper into customer health care and protect a key client.

A CVS-Aetna combination could create a health colossus that would reach deeper into the average customer's life to manage care and cut costs, according to analysts who follow the companies.

Penn National Gaming says it is discussing acquiring rival casino owner Pinnacle Entertainment, and creating a unified company with 45 properties in more than a dozen states and Canada.

AT&T proposed a seven-year ban on programming blackouts to distributors of some Time Warner content.

The drugstore company is about to collect a windfall of cash from Walgreens Boots Alliance.

The top executive of tobacco giant Reynolds American Inc. will step down after one year in the role.

The feud between Toshiba Corp. and its U.S. joint-venture partner Western Digital over a planned sale of Toshiba's lucrative flash-memory unit is being aired at a Tokyo court.

BlackRock Inc on Tuesday said it had agreed to buy the asset management business of Mexico's Citibanamex, a subsidiary of Citigroup Inc, in a sign of the growth potential the world's largest asset management sees in the country.

Emerson on Tuesday announced it has withdrawn its proposal to buy Rockwell Automation for $225 per share.