Tag: Anthem-Cigna deal
Cigna CEO Sued For Efforts To Kill Anthem Deal
In a recent lawsuit Cigna’s chief executive officer and board were accused of using “black-ops style” tactics to make sure a US$48 billion merger...
US: Anthem refuses to pay out $1.8 billion for failed merger
After a court ruling in Delaware, Anthem has notified Cigna that their proposed $54 billion merger is off, but that doesn’t mean the two...
US: Judge rules Cigna can abandon merger; Anthem terminates the deal
After a judge ruled that Cigna can walk away from its long-troubled tie-up with Anthem, the larger insurer officially called off the deal. But...
US: Judge kills Anthem/Cigna merger
On Thursday Judge Travis Laster of Delaware's Court of Chancery denied Anthem's request for a preliminary injunction but stayed implementation of his ruling until...
US: Anthem launches last ditch effort to save merger
Anthem is making another push to salvage its $48 billion merger with Cigna by asking a Delaware judge to extend an order blocking its...
US: Anthem loses appeal of antitrust ruling against proposed Cigna merger
A federal appeals court has denied Anthem’s attempt to challenge a judge’s ruling that its proposed acquisition of Cigna violates antitrust law.
In a 2-1...
US: Anthem files motion to bar Cigna from terminating $54B merger
Anthem has filed a motion with the Delaware Court of Chancery for a preliminary injunction that would prevent Cigna from terminating their $54 billion...
US: Anthem not in DoJ merger negotiations
On Thursday Health insurer Anthem denied a report that it was in negotiations with the Justice Department in an effort to save its merger...