BAC Bank of America Corporation

Aetna Inc. (AET), which last year bought fellow insurer Coventry Health Care Inc. for $5.6 billion, now is looking to sell that company's workers' compensation business, Reuters reported Tuesday on its website, citing people familiar with the matter.

Aetna has hired Bank of America Merrill Lynch to assist on a sale process for the business, worth as much as $1.5 billion, the people said.

Aetna and Bank of America Merrill Lynch declined comment to Reuters.

Full story at: www.reuters.com/article/2014/06/24/us-aetna-coventry-idUSKBN0EZ2QD20140624

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