Home Options Trading Advantage Options – Shares of Aetna Rise on CVS Takeover Expectations

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Shares of Aetna Insurance Company (AET) rose sharply in trading on Friday after it was reported that it might finalize a deal with CVS by December of this year. CVS intends to buy AET, and the deal is currently estimated to be worth more than $70B, which potentially values AET at more than $200 per share. AET closed up +2.71% to settle at 176.99. Keep an eye on AET as this story is developing.

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