The DOJ’s clearance came with the requirement that Aetna divest its standalone Medicare Part D prescription drug plans — a move that already has been announced, with WellCare Health Plans set to take over the plans, which have roughly 2.2 million members.
Sears, the parent company of Kmart, has hired M-III Partners, a boutique advisory firm, to prepare a bankruptcy filing, according to a report by the Wall Street Journal.
The Durham, N.C.-based company recently announced the acquisition of RockTape, a maker of kinesiology tape, medical education and other health-and-wellness products.
Walgreens is piloting a new concept with Birchbox that will bring the online beauty retailer's elevated design and curated product assortment of full-sized skin care, hair and makeup products from more than 40 prestige brands to 11 locations across the country.