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CVS scraps Aetna's plan to move HQ to New York City
by Leslie Small | Jan 15, 2018 12:50pm

Aetna’s big move from Connecticut to New York City is officially off.

The insurance company had announced in June that it would move its headquarters from Hartford, Connecticut, to the Chelsea neighborhood of Manhattan starting in late 2018. CEO Mark Bertolini said at the time that the switch would “play a significant part in [Aetna’s] ongoing transformation.”

However, now that CVS has announced a $69 billion deal to acquire Aetna, those plans have been scrapped. A spokesman said the pharmacy company has no intention of moving the insurer’s headquarters out of Connecticut, according to The Wall Street Journal . . . .

https://www.fiercehealthcare.com/pay...-new-york-city