Following a six-week trial, U.S. District Court for the District of Columbia Judge Richard Leon determined the $85 billion AT&T-Time Warner deal does not violate antitrust laws and can proceed. Investors saw the decision as a plus for other large corporations seeking regulatory approval of their mega-deals, such as CVS Health’s $69 billion bid for Aetna and Cigna’s $67 billion offer for Express Scripts.
Here is how much all four companies’ stock rose on the news during after-hours trading June 12, according to the report:
CVS Health — up 2 percent to $67.50
Aetna — up 3 percent to $186.50
Cigna — up less than 1 percent to $180
Express Scripts — up almost 5 percent to $83
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