Aetna Completes Purchasing Of Coventry Health Care

Circle Connections: Mergers & Acquisitions Health care benefits company Aetna will soon complete the acquisition of Coventry Health Care, following the receipt of clearance from the US Department of Justice (DOJ). After the completion of the $5.7 billion in cash and stock deal, which was initially inked in August 2012, the acquirer will emerge as a major player in government-financed health care segment. The acquirer said that the transaction will be modestly accretive to its 2013 operating earnings per share, with $0.45 of accretion in 2014 and $0.90 of accretion in 2015. Based on the terms . . .