Wall Street Pegs Cigna-Humana Mega Merger to Trump Victory

  • Cigna-Humana talks would move forward with Trump win: Stephens
  • Cigna shares fall after report of revived discussions
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Prospects for a potential merger between health insurers Cigna Group and Humana Inc. hinge on the upcoming US presidential election, analysts said.

While the Biden administration has moved to block some large health-care deals, talks would be “only tangibly moving forward if Trump wins” in November, Stephens analyst Scott Fidel wrote in a research note.