Retail squeeze leads Walmart to explore acquiring Humana

walmart-cyber-monday-1200x630-cWalmart has waded into preliminary negotiations on a possible purchase of Louisville-based health insurer, Humana, according to a news report.

No potential terms were disclosed, The Wall Street Journal reported Thursday in a story that cited people familiar with the matter.

The Wall Street Journal report cautioned that there was no guarantee that the deal would materialize. But the move would make sense at a time when retailers are increasingly moving into the health care space, and business moguls such as Warren Buffett and Amazon founder Jeff Bezos are looking at how to make medical services more efficient and less expensive for their employees. For more on this story, please go to USAToday.com.

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