Aetna (Hartford, Connecticut) and Coventry Health Care (Bethesda, Maryland) have entered into an agreement pursuant to which Aetna will acquire Coventry in a transaction valued at $7.3 billion, including the assumption of Coventry debt. Coventry is a diversified managed healthcare company that offers a full portfolio of risk and fee-based products, including Medicare Advantage and Medicare Part D programs, Medicaid managed care plans, group and individual health insurance, coverage for specialty services such as workers' compensation, and network rental services. Read More
