Aetna refiling federal review notice of proposed Humana merger
Posted On: Aug. 19, 2015 12:00 AM CSTHealth insurer Aetna Inc. said it will give federal antitrust regulators an additional month to review its proposed acquisition of rival insurer Humana Inc.
In a form submitted Monday with the U.S. Securities and Exchange Commission, Aetna said it planned to refile the premerger notification required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 on or before Wednesday of this week.
The refiling will trigger a new 30-day waiting period under the Antitrust Improvements Act, during which the U.S. Justice Department and Federal Trade Commission will gain extra time to review Aetna's proposed $37 billion merger with Humana.
Aetna originally filed its premerger notification in July.
The health insurer said it has already filed all required state-level applications for regulatory approval of the deal, which it still expects to complete in the second half of 2016.