October 31, 2017 / 1:10 PM / a year ago

Aetna CEO declines to discuss CVS bid reports on conference call

NEW YORK (Reuters) - Aetna Inc Chief Executive Mark Bertolini on Tuesday said during an analyst conference call to discuss third-quarter results that the company would not discuss rumor or speculation, referencing recent source-based reports that it was in merger talks with CVS Health Corp.

Reuters and other outlets reported that talks had been underway for at least a few months and that CVS had offered more than $200 per share.

Reporting by Caroline Humer; Editing by Meredith Mazzilli

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