Report: Why the CVS-Aetna deal is 'really smart'

11/10/2017
CVS' reported bid to acquire health insurance giant Aetna is a really "smart way" for the drugstore chain to compete with Amazon.

That's according to Wall Street analyst Kevin Caliendo, who in a note to clients said he believes a CVS-Aetna deal "easily" grow CVS earnings 10 percent annually down the road, "given no hiccups in pharmacy benefit management during integration or lost share to Amazon," reported CNBC.

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