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NYC halts $9.6M incentive package to move Aetna to city
Associated Press ^ | Jan 10, 2018 9:38 PM EST

Posted on 01/10/2018 7:33:22 PM PST by Olog-hai

New York City is halting a $9.6 million incentive package offered to Aetna to move its headquarters to the city.

The insurance giant announced in June that it would move its headquarters to New York City beginning in late 2018 after nearly two centuries in Hartford, Connecticut. But those plans were put on hold after CVS Health Corp. said in December that it was buying Aetna for $69 billion in a deal that would help the drugstore chain reach deeper into customer health care and protect a key client.

At that time, Aetna said all of its locations would be evaluated as part of its integration with CVS. In a statement Wednesday night, the company said it didn’t have anything else to add to that. …

(Excerpt) Read more at apnews.com ...


TOPICS: Business/Economy; Health/Medicine; Local News; Miscellaneous
KEYWORDS: aetna; connecticut; cvs; economicincentive; hartford; merger; nyc; princeandrew

1 posted on 01/10/2018 7:33:23 PM PST by Olog-hai
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To: Olog-hai
$9.6 million ? That has to be a mistake.
2 posted on 01/10/2018 7:55:59 PM PST by fieldmarshaldj ("It's Slappin' Time !")
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To: Olog-hai

Hartford folks who still have jobs might like Woonsocket...


3 posted on 01/10/2018 8:24:33 PM PST by bigbob (People say believe half of what you see son and none of what you hear - M. Gaye)
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