Mon May 22, 2017 | 11:43am
EDT
Aetna Inc (AET.N) Chief Executive Mark Bertolini said on
Monday that growing through acquisitions in its existing business lines is
"not high on our list" after its deal with Humana Inc (HUM.N) failed.
When asked at the UBS Healthcare Conference
during a session with investors about whether he liked Molina Healthcare (MOH.N), which recently fired its chief
executive and has been discussed as a takeover target, Bertolini declined to be
drawn in specifically.
He noted that federal funding for Medicaid,
Molina's main business, is in question, with the Republican government proposing
budgetary cuts to the healthcare program for the poor.
(Reporting by Caroline Humer; Editing by Steve
Orlofsky)
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