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December 11, 2023
A Cigna-Humana combination would have created a company with a value exceeding $140 billion, based on their market values, but was certain to attract fierce antitrust scrutiny.
December 11, 2023
The merger would have created a $140 billion giant in the health insurance industry.
December 11, 2023
Shares of Green Giant Inc. (NASDAQ:GGE) fell sharply in pre-market trading after announcing a proposed public offering. Green Giant shares dipp...
December 11, 2023
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
December 11, 2023
CDC revealed nationally representative estimates of chronic fatigue; the proposed merger between Cigna and Humana has been terminated over financial terms and shareholder skepticism; ChatGPT provides inaccurate responses to medication queries.
December 11, 2023
Reportedly has given up efforts to merge with rival health insurer Humana (HUM) and will instead hike its buyback program and consider smaller acquisitions.โฆ
December 11, 2023
(Reuters) -U.S. health insurer Cigna has ended its attempt to negotiate an acquisition of rival Humana after the pair failed to agree on price, two sources familiar with the situation said on Sunday, as the company announced plans to buy back $10 billion worth of shares. The discussions came six years after regulators blocked mega-deals that would have consolidated the U.S. health insurance sector. Cigna, however, on Sunday announced plans to do an additional $10 billion in share repurchases, br
December 11, 2023
Cigna shares jumped following reports it called off plans to buy Humana and as it announced a $10 billion share buyback.
December 11, 2023
News that The Cigna Group appears to have given up on the acquisition of Humana, CEO David Cordani said the company will instead โconsider bolt-on acquisitions.โ
December 11, 2023
The S&P 500 and Dow advanced to a new annual high on Monday, although gains were modest ahead of major market catalysts this week that include inflation readings and the Federal Reserves policy...