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Exterior of CVS pharmacy A CVS Pharmacy location. (Photo: The Preston Partnership)

WOONSOCKET, RI—In a deal that could reshape the US healthcare sector’s delivery model, pharmacy giant CVS Health and insurer Aetna said Sunday they had agreed to merge. The cash-and-stock deal values Aetna at $69 billion and also includes the assumption of $8 billion in debt.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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