Judge Richard Leon will have to either sign the deal or could possibly hold a hearing to allow critics to raise their concerns.
The U.S. Justice Department has formally asked a U.S. judge to approve to allow CVS Health Corp’s merger with Aetna.
In 2018, Judge Richard Leon of the U.S. District Court for the District of Columbia had frowned on the government move as well as that of the parties concerned for closing the $69 billion dollar merger before obtaining consent from the court. As a result, CVS offered to halt some of its integration with Aetna.
According to Andre Barlow of the law firm Doyle, Barlow and Mazard PLLC, an antitrust expert who has been following the case, Leon will have to either sign the deal or could possibly hold a hearing to allow critics to raise their concerns.
The Justice Department has already approved the merger of CVS with Aetna in October 2018 provided Aetna divests its Medicare prescription drug plan business to WellCare Health Plans Inc.
Both deals have closed.
CVS declined comment.