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 The Cigna Group CI jumped 7.3% yesterday after it clarified in a press release that it's not pursuing a merger with ...
Cigna's bold move to halt merger talks with Humana sends shockwaves through the market, while stock buybacks ramp up.
LOUISVILLE, Ky. — The Cigna group announced on Monday they would no longer be pursuing a merger with their ...
As Cigna and Humana pick back up on the potential for a megamerger, executives will be keeping a close eye on the outcomes of ...
Shares of Humana (HUM) are tumbling in Monday's trading session after The Cigna Group (CI) announced it is not pursuing a ...
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