Tuesday, February 14, 2017

One down, one to go?

So a couple weeks ago, the Humana/Aetna "wedding" was put on hold (again) by a Federal judge.

Now, someone's blinked:

"Aetna And Humana Call Off Merger After Court Decision"

Turns out, the annulment didn't come cheaply, either:

"Aetna announced it would pay Humana a $1 billion fee for backing out of the agreement"

And lest you think that was a major windfall for the latter, think again:

"Humana announced about $370 million of that would be paid as taxes."

Nice little chunk-o-change for Uncle Sugar.

Again, although I don't really have a horse in this race, I'm not terribly disappointed: more carriers should mean more competition, which is generally a good thing, no?

[Hat Tip: FoIB Holly R]
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