Walmart in early talks to buy Humana: report
By John Bowden - 03/29/18 07:50 PM EDT
Walmart is reportedly in early talks to acquire health insurance company Humana, a move that could have huge implications for the retail giant while representing the latest major deal involving health care services.
The Wall Street Journal reported Thursday citing sources close to the talks that the companies are in the very early stages of a possible deal and have yet to agree on a price for Humana, which is currently valued at about $37 billion.
News of the possible deal sent shares of Humana climbing by nearly 12 percentage points late Thursday, according to a CNBC report.
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http://thehill.com/policy/healthcare/380944-walmart-in-early-acquisition-talks-with-humana-report