Cigna US Individual July 27, 2015 We are pleased to share with you that today Cigna and Anthem announced the agreement to form a premier global health service company, with the right mix of capabilities to deliver greater choice, access and affordability to meet the challenges of a new era. The combination of Cigna and […]
Anthem Announces Definitive Agreement to Purchase Cigna Corporation
Indianapolis, Ind. and Bloomfield, Conn. – July 24, 2015 – Anthem, Inc. (NYSE: ANTM) and Cigna Corporation (NYSE: CI) today announced that they have entered into a definitive agreement whereby Anthem will acquire all outstanding shares of Cigna in a cash and stock transaction and Cigna shareholders will receive $103.40 in cash and 0.5152 Anthem […]
Insurance Commissioner raises concerns about impacts of health insurance mergers on competition, choice and prices
SACRAMENTO, Calif. -Insurance Commissioner Dave Jones issued the following statement today after Anthem Blue Cross announced plans to acquire Cigna Corporation:
“The Department of Insurance will carefully review the proposed merger of Anthem Blue Cross and Cigna Corporation, as well as the proposed mergers of other health insurers.