A spokesman for Aetna stated that the agencies are ready to explain remedies with Missouri regulators, noting that the case won’t affect the pending federal regulatory process at the Department of Justice.
"This order doesn’t impede the DOJ approval procedure. We are disappointed with the Missouri order but open to have a constructive dialogue with the state to address their uncertainties," stated T.J. Crawford, Aetna's head of media relations.
Previous month, Aetna and Humana stated they had gained 15 of 20 essential state approvals, and the companies' executives claim they still hope the deal to close in the second half of the year.
Elevation LLC analyst Ira Gorsky stated that while Missouri's order presents an obstacle for the insurers, it amounts to conditional approval of the deal. He does not see an issue for the companies to discuss the needed state concessions.
"It is the 1st state approval to need the conditions," stated Gorsky. "I consider this is normal in the course of the procedure, and anyone that has been following this closely should have expected divestitures."
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