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CVS Health's $69 Billion Acquisition Facing Potential Legal Block - Report

M. Corey Goldman

Citing sources familiar with the proceedings, the Post reported that U.S. District Court Judge Richard Leon warned lawyers at a little-noticed hearing last week that they may want to cancel their summer vacation plans as he contemplates blocking the mega-merger on concerns it could raise prices and kill choices for consumers. A key issue for Judge Leon is whether the U.S. Department of Justice properly evaluated the potential impact of adding some 21 million Aetna customers to CVS's pharmacy-benefits management business, the Post said. "I think Leon rules against us," a source working with CVS and Aetna told the Post, speaking on condition of anonymity.