Taxation With Representation: Shearman, Sullivan, Wachtell

Law360, New York (December 8, 2017, 2:24 PM EST) -- In this week’s Taxation With Representation, CVS bought Aetna for $69 billion, UnitedHealth Group Inc. subsidiary Optum acquired Davita for $4.9 billion, Prysmian snapped up General Cable for $3 billion, and Hartford sold its life insurance business for $2.05 billion.

CVS Inks $69B Takeover of Aetna

CVS Health Corp. unveiled a $69 billion deal for Aetna Inc. Sunday, paving the way for a union of a major pharmacy operator and a health insurance giant after Aetna saw its own takeover of a rival implode amid antitrust scrutiny earlier this year.

CVS Health is represented by a Shearman & Sterling LLP team,...

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