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Aetna shareholders voted overwhelmingly to approve the CVS Health's plan to buy the health insurer for $69 billion. About 97 percent of the votes cast were in support of the merger plan first proposed in early December.
Once the deal is completed, Aetna (NYSE: AEY) shareholders will receive $145 in cash and 0.8378 of a CVS Health (NYSE: CVS) share for each Aetna share they own.
CVS shareholders also voted in favor of the deal at a special meeting Tuesday.
"When this merger is complete, the combined…
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Aetna stockholders approve $69B sale to CVS