Aetna was looking to sell this PBM, price tag of 4 Billion dollars, So saying it is a loser is WRONG and not the truth.
Wall-street is always involved in setting the price at these levels, so you are proclaiming you Know more than the financial community of accountants, analysts, investment bankers, and lawyers.
What makes you think a sub contractual agreement needs Federal approval ? The only thing this contract needs is legal guidance in its agreement, and cross licensing payments to 3rd parties.
I put a post up about "looking in the window", this is what wallgreens management only knows, CVS was looking out the window and saw the bigger picture to develop its network of services and use the Insurance data to reduce spend for Aetna. You do not get it>>
10 million insured people with medications utilization worth Billions, and Wallgreens management can not make a presentation to Aetna that provides a solution to there core needs. Perhaps Wallgeens can sell Atena some delish products so they can offset revenue losses that will impact 64+% of Wallgreens Core business.
Gross revenue are you serious, Wallgreens is in the CVS/Caremark network, so who do you think it is going to receive less money. The network Administrator or the supplier of ordered medications.