Deals
U.S. Health Insurers Slip as Clinton Calls for Merger Review
- Cigna falls 3.9%, Anthem drops 3.7% in industrywide decline
- Clinton: `These mergers should be scrutinized very closely'
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Cigna Corp. and Anthem Inc., which agreed to a $48 billion deal in July, slipped in Wednesday trading along with other health insurers as Democratic presidential candidate Hillary Clinton said mergers in the industry deserve more scrutiny.
Cigna fell 3.9 percent to $136.61 at the New York close, and Anthem dropped 3.7 percent to $142.79. Aetna Inc. and Humana Inc., which have struck their own deal to combine, declined as well.