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Federal officials finally approved the merger of Cigna (NYSE:CI), one of the nation’s biggest health insurers, and pharmacy benefit manager Express Scripts Holding Co. (NASDAQ:ESRX) Cigna stock ...
According to the preliminary results, about 90 percent of the votes cast were in favor of the merger, the health insurer said. Cigna, Express Scripts shareholders approve $52 bln deal Skip to main ...
Express Scripts Holding Company is a pharmacy benefit management (PBM) organization. In 2017 it was the 22nd-largest company in the United States by total revenue as well as the largest pharmacy benefit management (PBM) organization in the United States. [2] Express Scripts had 2016 revenues of $100.752 billion. [2]
The new company will marry Cigna's business of managing health plans for corporations and the government with Express Scripts' (ESRX.O) role handling pharmacy benefits for those same customers.
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In March 2018, it was announced that Cigna, a global health services company, would acquire Express scripts for $67 billion. [22] After the merger of Express Scripts with Cigna in December 2018, Wentworth became the president of both companies. [23] In September 2020, Cigna launched Evernorth, its health services portfolio, with Wentworth as ...
The Cigna Group is an American multinational managed healthcare and insurance company based in Bloomfield, Connecticut. [2] [3] Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other groups (e.g., governmental and non-governmental organizations ...
Cigna announced Thursday it planned to acquire pharmacy benefit manager Express Scripts in a $67 billion deal.