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Anthem tries to keep Cigna in deal

Published 05/09/2017, 03:06 AM
© Reuters.  Anthem tries to keep Cigna in deal
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  • Anthem (NYSE:ANTM) is making another push to salvage its $48B merger with Cigna (NYSE:CI) by asking a Delaware judge to extend an order blocking its would-be partner from pulling out of the deal for 60 days.
  • A $1.85B break-up fee is on the line. Judge Travis Laster said Anthem's case is a "long shot," but he'll consider it and issue a ruling as soon as possible.
  • Now read: Grey Owl Capital Management 1Q17 Commentary


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