Deals
Anthem, Cigna Joust for Billions in Court Clash Over Failed Deal
- Delaware trial focused on how $48.9 billion deal floundered
- Merger melted down after DOJ blocked it as anticompetitive
The Anthem Inc. website.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
There’s no dispute that a $48.9 billion merger announced in 2015 between health insurers Anthem Inc. and Cigna Corp. imploded two years later over antitrust concerns. Now, the question is whether one owes the other billions for the deal’s failure.
A Delaware judge will start the process of deciding that pricey dispute Monday in a trial of dueling lawsuits by Anthem and Cigna over the merger meltdown.