Deals
Anthem, Cigna Rise After U.S. Says Open to Settlement Offer
- U.S. willingness to hear antitrust proposals isn’t unusual
- Judge says she won’t rule on $48 billion merger by end of year
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The Justice Department is open to hearing settlement offers from Anthem Inc. to resolve an antitrust lawsuit seeking to block the insurer’s $48 billion takeover of rival Cigna Corp., a government lawyer said.
“We’re always willing to hear any proposals the defendants have,” Jon Jacobs, a lawyer for the Justice Department, said at a court hearing on Friday in Washington.