2 ms·
Isn't this 500m being paid from the value of the stock being sold? Therefore paid by CVS who is buying the stock? In that case, CVS is primarily a pharmacy comp
by cabaalis 9y ago
Isn't this 500m being paid from the value of the stock being sold? Therefore paid by CVS who is buying the stock? In that case, CVS is primarily a pharmacy company, which makes their money by directly selling drugs which heal the sick. So I believe your comment is entirely backwards, the 500m comes directly from healing the sick.
- yequalsx 9y agoThe $500 million comes from CVS's belief in the profitability of Aetna and the future returns it sees. Aetna would not be worth as much money as CVS believes it is worth if Aetna did not profit so much. And part of its enormous profit comes from denying care to people.