News

Blocked Merger Freezes Aetna Moving Plans

Massachusetts Gov. Charlie Baker

Hartford can sleep easy tonight. Reports surfaced last week in both the Boston Business Journal and the Hartford Courant saying officials with Aetna were poking around Boston looking for office space for a new corporate headquarters. However, it appears the insurance giant’s blocked merger with Humana has stopped that. The Boston Herald reports talks with Gov. Charlie Baker, who led the wooing efforts, have died down.

Boston leaders, whom Baker identified in his State of the Commonwealth as being vital to bringing GE to the city from Fairfield, Conn., have not been included in the monthslong recruitment. It was reported the company had been looking at sites ranging from 150k SF to 400k SF for its HQ. Aetna has had a presence in Massachusetts since September of last year when it opened a Wellesley consumer business hub run by Gary Loveman, former president and CEO of Caesars Entertainment.

Continue reading this story with a free account

Log in or register
Related Topics: Aetna , Charlie Baker , Connecticut , Humana
Sign up for more articles like this
Subscribe to Bisnow's Boston Newsletters
Related Stories

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

DivcoWest Sells Glendale Office Building For $70M

Energy Company Opens 125K SF Newton Office: The Boston Deal Sheet

Simon Approaching End Of The Road With Struggling Suburban Boston Mall

Hines And Rialto Close Office Credit Fund At $1.1B

Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects

Rig Collapse At Citadel HQ Site Sends 4 To Hospital

Northern Virginia Office Tower Sells For Double Its 2024 Price

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Fertility Provider Opens Clinic At 1900 Lawrence Office Tower: The Denver Deal Sheet

Office Revenues Are Failing To Keep Pace With Expenses

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet