The Traderszone Network

Published in TZ Latest News 14 February, 2017 by The TZ Newswire Staff

Cigna Walks Away From Anthem Merger, Files Lawsuit

Cigna (NYSE: CI) has apparently hammered the final nail into the coffin of its hoped-for merger with Anthem (NYSE: ANTM). Less than a week after a Washington, D.C., district court blocked the proposed tie-up on antitrust concerns, Cigna is exercising its right to exit the merger agreement.