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(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 ...
On Monday, Cigna Group (NYSE:CI) said its officials are expected to participate in meetings with investors and analysts over the next several weeks. Additionally, in light of recent and persistent ...
The additional $10 billion of stock buybacks announced by Cigna on Monday brings their total planned repurchases to $11.3 billion. Cigna's market cap stood at around $88 billion as of Monday ...
The Cigna Group is an American multinational for-profit 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 ...
Cigna, which got into the Medicare Advantage business with an $3.8-billion acquisition of HealthSpring in 2011, would be backing away at a time when the U.S. government is tightening its purse ...
On March 7, 2018, it was announced that Cigna would buy Express Scripts in a $67 billion deal. [ 6 ] [ 7 ] The deal closed on December 20, 2018 at $54 billion, allowing Cigna to start offering new Express Scripts products to its corporate health insurance customers in 2019.
Year Merger closed Acquirer Acquired firm Name of merged entity 1931 Harriman Brothers & Company: Brown Bros. & Co. Brown Brothers Harriman & Co.
BofA's Fischbeck said he sees the potential deal as a positive for Cigna, but "the stock could be stuck in 'deal purgatory' as it awaits government approval, which could take 12+ months.