CVS now expects Aetna acquisition to close after Thanksgiving

CVS Health and Aetna said their $69 billion deal will close after Thanksgiving, according to a Nov. 19 filing with the Securities and Exchange Commission. The companies previously said the transaction would close before the holiday.

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In the filing, Aetna and CVS said they received approval for their deal from 26 out of 28 states.

“CVS Health has made significant progress and is in the final stages of the approval process with the remaining two states,” the companies said. “CVS Health is confident that these remaining approvals will be secured.”

CVS shares dipped 3 percent on Nov. 20, according to CNBC.

California’s Department of Managed Care gave CVS Health the green light to move forward with the acquisition Nov. 15.

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