Find-A-Code Focus Newsletter

Breaking News: Cigna ends merger with Anthem, sues for more than $14B

February 14, 2017

In a move that defies Anthem’s push to fight for their deal, Cigna has terminated its merger agreement with Anthem and filed suit against the larger insurer.

Earlier this month, a federal judge ruled against the two insurers’ planned merger, saying it would violate antitrust law by lessening competition in the national accounts market. Anthem responded by saying it intends to appeal the ruling.

But in a statement issued Tuesday, Cigna said that given the court’s decision, it “believes that the transaction cannot and will not achieve regulatory approval and that terminating the agreement is in the best interest of Cigna’s shareholders.”

Continue reading... 


share
 

More Items in February 2017


To view more items select a month from our "Items by Month" list.

Or view documentation, coding and billing articles.

 

Poll

The ideal length of a webinar should be around:

News Items by Month
May 2020- 1
April 2020- 1
March 2020- 1
February 2020- 4
January 2020- 2
December 2019- 1
November 2019- 1
October 2019- 4
September 2019- 2
August 2019- 3
July 2019- 3
May 2019- 2
April 2019- 3
March 2019- 9
February 2019- 3
January 2019- 5
2018 - View
2017 - View
2016 - View
2015 - View
2014 - View
2013 - View
2012 - View
2011 - View
2010 - View
2009 - View
2008 - View
free demo
request yours today
pricing
for any budget
sign IN
welcome back!