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All those big health-care mergers may mean financial risk is getting concentrated

By MarketWatch  
   October 30, 2018

CVS Health Corp. bought health insurer Aetna Inc. for nearly $70 billion. Cigna Corp. paid about $54 billion for pharmacy-benefits manager Express Scripts Holding Co. These deals and others have been powerful consolidating forces in the U.S. health industry, with high price tags accompanied by investment-grade bond issuances. Now they prompt a new question: Is financial risk also getting concentrated?

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