TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said CVS Health's (CVS) move to buy Aetna (AET) and Disney (DIS) reportedly renewed interest in various 21 Century FOX (FOXA) assets are defensive deals. 

Cramer expects the CVS-Aetna deal to be approved by regulators. 

More of What's Trending on TheStreet:

 

More from Video

Video: Jim Cramer on Rising Interest Rates, Trade Worries & Caterpillar

Video: Jim Cramer on Rising Interest Rates, Trade Worries & Caterpillar

Jim Cramer: Hasbro Told You They Weren't Going to Make the Quarter

Jim Cramer: Hasbro Told You They Weren't Going to Make the Quarter

Jim Cramer: Tariffs and 3% Yield Obsession Are Preventing Stocks From Rising

Jim Cramer: Tariffs and 3% Yield Obsession Are Preventing Stocks From Rising

Video: Rising 10-Year Yields Don't Necessarily Make Stocks Less Attractive

Video: Rising 10-Year Yields Don't Necessarily Make Stocks Less Attractive

Alphabet, Coca-Cola, Caterpillar Reveal Earnings Season Will Be Awesome

Alphabet, Coca-Cola, Caterpillar Reveal Earnings Season Will Be Awesome