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CVS Health is an unlikely winner in the AT&T-Time Warner decision

9:19 AM ET Wed, 13 June 2018

Shares of CVS Health jump after a federal judge allows AT&T's bid for Time Warner to go forward. The ruling is seen as a tacit go-ahead for so-called vertical mergers. CVS Health confirmed the pending deal for Aetna in December, a transaction valued at $69 billion.