The WSJ reports that CVS Health (CVS +3.8%) is closing in on a deal to buy Aetna (AET +1.1%) that will value the health insurer at $200 – 205 per share. The transaction, largely cash, could be announced as early as Monday.
After taking a near-25% ride higher in postmarket trade yesterday on a report of deal talks with Nokia (NYSE:NOK), Juniper Networks (NYSE:JNPR) is 8.3% lower premarket following Nokia’s definitive denial that any purchase is being prepared.
The White House would like to force Sec. of State Rex Tillerson out of his job within the next several weeks, and replace him with CIA Director Mike Pompeo, according to the story.