Newsletter Articles | January 1, 1999
Aetna to Buy Prudential’s Health Care Unit for $1 Billion
OPEN MINDS, The Behavioral Health & Social Service Industry Analyst
Industry News
Aetna has agreed to buy Prudential Insurance Company of America's health care business for one billion dollars, according to a Reuters News Service report. The acquisition would add about 6.6 million health members to Aetna U.S. Healthcare's membership base, making it the country's largest provider of health benefits with about 22.4 million members and the country's largest managed care company with 18.4 million managed care members. The transaction also would more . . .