Cigna tells investors it's stopped pursuing merger with Louisville-based Humana
Last December, the two companies failed to agree on a price as Cigna pursued the purchase of the Louisville-based company. The merger would have created a $140 billion giant in the health insurance industry. The Wall Street Journal previously reported Cigna will instead focus on a smaller acquisition.
Shares of The Cigna Group CI jumped 7.3% yesterday after it clarified in a press release that it's not pursuing a merger with ...
Cigna's bold move to halt merger talks with Humana sends shockwaves through the market, while stock buybacks ramp up.
As Cigna and Humana pick back up on the potential for a megamerger, executives will be keeping a close eye on the outcomes of ...
LOUISVILLE, Ky. — The Cigna group announced on Monday they would no longer be pursuing a merger with their ...
Shares of Humana (HUM) are tumbling in Monday's trading session after The Cigna Group (CI) announced it is not pursuing a ...
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