Cigna Statement Casts Doubt on Future of Deal With Anthem

Cigna Corp. said its deal with Anthem Inc., which the U.S. Justice Department sued to block Thursday on antitrust grounds, may not be completed and the company is evaluating its options.

“Cigna is currently evaluating its options consistent with its obligations under the agreement,” the health insurer said in an e-mailed statement Thursday. “In light of the DOJ’s decision, we do not believe the transaction will close in 2016 and the earliest it could close is 2017, if at all.”

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE