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Aetna (AET), Humana $37B Deal Rejected, CNBC's Faber Says

NEW YORK (TheStreet) -- The Department of Justice rejected Aetna's (AET) $37 billion Humana (HUM) acquisition bid, CNBC's David Faber reported on "Squawk on the Street" Thursday.

"The DOJ has filed [antitrust] lawsuits to block [the deal] and also has filed lawsuits to block Anthem's (ANTM) plan to buy Cigna (CI)," Faber noted.

Health benefit company Anthem announced plans to acquire Cigna for $48 billion last July.

"The expectation has been for some time that the DOJ was likely to block Anthem and...