Health Insurance Rivals Aetna & Humana Report $37 Billion Buyout
A major deal in the U.S. health insurance industry.
Aetna will buy rival health insurer Humana for $37 billion dollars.
The new company will have more than 33 million members, bringing in annual revenues of $115 billion dollars.
Aetna’s chairman says the new company will continue to provide quality health care at an affordable price.
The deal must be approved by regulators and shareholders.
