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from the all-the-more-to-get-folk-in-the-store dept.
Walmart could acquire the health insurer Humana, in a deal reminiscent of CVS's acquisition of Aetna:
Walmart Inc. is in preliminary talks to buy insurer Humana Inc., according to people familiar with the matter, a deal that would mark a dramatic shift for the retail behemoth and the latest in a recent flurry of big deals in health-care services.
It isn't clear what terms the companies may be discussing, and there is no guarantee they will strike a deal. If they do, the deal would be big: Humana currently has a market value of about $37 billion. It also would be Walmart's largest deal by far, eclipsing its 1999 acquisition of the U.K.'s Asda Group PLC for $10.8 billion. Walmart, which in addition to being the world's biggest retailer is also a major drugstore operator, has a market value of about $260 billion.
[...] Walmart has a vast pharmacy business, with locations in most of its roughly 4,700 U.S. stores and in many of it Sam's Club warehouse locations. Humana is a Medicare-focused insurer that could deepen Walmart's relationship with a key demographic—seniors—at a time when the retailer is being threatened by Amazon on several fronts.
Also at CNN.
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(Score: 0) by Anonymous Coward on Saturday March 31 2018, @05:41PM (1 child)
One man's "Stupid" is another man's "Insightful", and some of the historically "Stupidest" ideas ended up becoming recognized as some of the most "Insightful" in history.
So, fuck you.
(Score: 5, Informative) by Whoever on Saturday March 31 2018, @06:22PM
Yeah, a vanishingly small number of them. The rest of them were and remain stupid.