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CDNA. 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 Humana Inc. HUM. Recent speculation suggested a possible merger ...
Humana Inc. is a for-profit American health insurance company based in Louisville, Kentucky. In 2023, the company ranked 42 on the Fortune 500 list, [2] which made it the highest ranked (by revenues) company based in Kentucky. It is the fourth largest health insurance provider in the U.S. [3] History. 1961–1983: Nursing homes and hospitals.
Aetna will pay $37 billion cash and stock to acquire Humana, the companies announced on July 3, in what will be the biggest health insurance merger to ever hit the industry. “The acquisition of Humana aligns two great companies,” said Aetna chairman and CEO Mark Bertolini.
The courtship between insurance giants Cigna and Humana is just not meant to be, Cigna officials said Monday. Why it matters: The statement marks the likely end to on-and-off discussions about combining the companies into what would have been the nation's second-largest insurer — and potentially drawing antitrust scrutiny. "The Cigna Group remains committed to its established M&A criteria ...
U.S. health insurer Cigna Group has revived efforts to merge with smaller rival Humana after abandoning the pursuit late last year, Bloomberg News reported on Friday, citing people familiar...
Reports that health insurance giants Humana and Cigna may merge in a blockbuster deal could make sense given strengths each has in Medicare and commercial coverage.
HARTFORD, Conn. – Aetna (NYSE: AET) and Humana (NYSE: HUM) have mutually ended their merger agreement following a ruling from the United States District Court for the District of Columbia granting a United States Department of Justice request to enjoin the merger.
Nov 29 (Reuters) - U.S. health insurer Cigna (CI.N) is in talks to merge with peer Humana (HUM.N), a source familiar with the matter said on Wednesday, a deal that could exceed $60 billion...
Dec 10 (Reuters) - U.S. health insurer Cigna (CI.N) has ended its attempt to negotiate an acquisition of rival Humana (HUM.N) after the pair failed to agree on price, two sources familiar...
A health insurance company, Humana is one of the largest administrators of Medicare Advantage, a U.S. government program to provide health care to older Americans via private insurers. Humana...