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 Humana (HUM) are tumbling in Monday's trading session after The Cigna Group (CI) announced it is not pursuing a ...
1don MSN
Cigna Group announced Monday it is not pursuing a merger with Humana. The announcement squashes speculation fueled by Donald ...
LOUISVILLE, Ky. — The Cigna group announced on Monday they would no longer be pursuing a merger with their Louisville-based ...
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 ...
3don MSN
Cigna stated clearly in its release today that it is "not pursuing a combination with Humana." Investors had been wondering ...
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