CVS Health Corp. has completed the acquisition of Target Corp.’s pharmacy and clinic businesses for approximately $1.9 billion. With the completion of the transaction, CVS Health acquired Target’s 1,672 pharmacies across 47 states and will operate them through a store-within-a-store format, branded as CVS/pharmacy. In addition, a CVS/pharmacy will be included in all new Target stores […]
Tag: Larry Merlo
Posted inHealth & Wellness, Corporate Store News, Home Page Latest News, Nonfood Items, Northeast
CVS Aims To ‘Transform Healthcare’ With Completion Of Aetna Acquisition
CVS Health has completed its acquisition of Aetna. “Today marks the start of a new day in healthcare and a transformative moment for our company and our industry,” said CVS Health President and CEO Larry J. Merlo. “By delivering the combined capabilities of our two leading organizations, we will transform the consumer health experience and build […]
Posted inHealth & Wellness, Corporate Store News, Home Page Latest News, Northeast
CVS Health Acquisition Of Aetna To Close In Early Q4
CVS Health has entered into an agreement with the U.S. Department of Justice (DOJ) that allows it to proceed with its proposed acquisition of Aetna. DOJ clearance is a key milestone toward finalizing the transaction, which also is subject to state regulatory approvals, many of which have been granted. CVS Health’s acquisition of Aetna remains […]
Posted inNortheast
CVS To Increase Starting Wages, Create Paid Parental Leave Program
CVS Health recently announced three programs that will enable employees to share in the tax savings created by the U.S. Tax Cuts and Jobs Act. The Woonsocket, Rhode Island-based company will increase the starting wage rate for hourly employees to $11 an hour, effective in April. As part of this change, CVS Health also plans to adjust pay […]