Aetna officials still deciding whether to appeal judge's decision to block …
LOUISVILLE, Ky. (WDRB) — Aetna executives are nonetheless not able to say whether or not they’ll surrender on their proposed $37 billion acquisition of Louisville-based mostly Humana.
Aetna CEO Mark Bertolini advised inventory analysts on a convention name Tuesday that the corporate will determine whether or not to attraction a decide’s ruling blocking the transaction earlier than Feb. 15, the present deadline for the merger.
Bertolini stated the corporate is evaluating its case and is “in no rush” to decide. Earlier than Feb. 15, the corporate will announce both that the merger has been terminated or that its deadline has been prolonged.
If the deal is terminated, Aetna would owe Humana a $1 billion break-up charge.