CVS-Aetna, Cigna-Express Scripts mergers reportedly close to DOJ approval

CVS Health President and
CEO Larry J. Merlo
Reuters

• The Department of Justice is getting close to approving
  two healthcare megamergers, The Wall Street Journal
  reported Wendesday. 
• The mergers —one between pharmacy CVS
  Health and insurer Aetna,
  and the other between insurer Cigna
  and pharmacy-benefits manager Express
  Scripts — were announced at the end of 2017 and in March,
  respectively. 
• Express Scripts was up as much as 4% on the
  report.
• Cigna, Aetna, and CVS were all up at least 1%.
• The mergers, which would redraw the lines around what
  
  defines healthcare companies had received additional
  scrutiny from the DOJ, which requested more information from
  both sets of companies. 
• The Journal reports CVS and Aetna may be required to
  sell certain businesses related to Medicare drug coverage in
  order for their merger to go through, while a Cigna-Express
  Scripts deal could come with no such
  requirements. 

Markets Insider