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CVS Health posts quarterly loss on $3.9B charge

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Citing a one-time goodwill impairment charge of $3.9 billion, CVS Health Corp. reported a quarterly loss.

The company's net loss was $2.6 billion, compared with earnings of $1.1 billion a year earlier.

CVS also announced its planned $69 billion purchase of health insurer Aetna will likely close in the third quarter or early fourth quarter this year.

Read more from Reuters.

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