Investors were waiting with bated breath when CVS Health (NYSE: CVS) released its Q4 earnings on February 12. The company had an excellent Q3, due in no small part to its ongoing revenue surge following the acquisition of Aetna in November 2018.
When CVS purchased Aetna, the merger stood as the biggest health insurance transaction to date. CVS is the largest pharmacy chain in the country, with over 20,000 stores across the U.S. At the time of the deal, Aetna was among the top three largest health insurance companies in the nation.
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