The Department of Justice requested additional information from CVS Health and Aetna as it reviews the companies' proposed merger, according to a Feb. 1 Securities and Exchange Commission filing.
Here are three things to know about the request.
1. CVS Health inked a definitive merger agreement to acquire all outstanding shares of Aetna for roughly $69 billion in cash and stock Dec. 3. CVS Health filed its premerger notification and report to the DOJ and Federal Trade Commission Jan. 2.
2. The deal remains subject to approval from CVS Health and Aetna shareholders. Last month, an Aetna shareholder filed a proposed class-action lawsuit against the company and several of its executives and board members. The lawsuit alleges Aetna tried to convince its shareholders to vote in favor of the CVS Health transaction by filing a form containing "materially incomplete and misleading" information with the SEC on Jan. 4.
3. CVS Health and Aetna will each seek stockholder and shareholder approval on March 20. The companies still expect the deal to close in the second half of 2018.
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