Cigna

Cigna Free To Leave Proposed Anthem Merger

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The US health insurer Cigna is free to leave a proposed merger with Anthem, with a judge declining a request for a preliminary injunction to block the exit. The Delaware Court of Chancery’s rejected Anthem’s request to stop Cigna from terminating the deal between the health insurance titans, which a federal court has blocked on … Read more

Cigna Sues Anthem After US Court Blocks Health Merger

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Health insurer Cigna said Tuesday it filed suit against Anthem claiming billions of dollars in breakup fees and damages after a federal court blocked their proposed merger on antitrust concerns. Cigna said it filed suit against Anthem demanding a $1.85 billion breakup fee, plus more than $13 billion in additional damages following the February 8 … Read more