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Aetna, Humana shareholders vote for merger, but deal still faces hurdles
Modern Healthcare

The merger between Aetna and Humana moved one step closer to the finish line Monday as shareholders from both companies voted to approve the deal. Shareholders gave their overwhelming approval to the transaction with 99% of the votes in Connecticut and New York cast in favor of the deal.

Aetna shareholders voted in the early afternoon with Humana shareholders voting two hours later.

The vote came less than two weeks after Humana settled a class-action shareholder lawsuit challenging the deal. The government-focused managed-care company agreed to provide additional background information on the $37 billion merger to settle the litigation.