Tag: Pursuit
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WSJ News Exclusive | Cigna Calls Off Humana Pursuit, Plans Big Stock Buyback
Updated Dec. 10, 2023 12:38 pm ET Cigna abandoned its pursuit of a tie-up with Humana that would have created a roughly $140 billion giant in the health-insurance industry. The companies couldn’t come to agreement on price and other financial terms, according to people familiar with the matter. In the near term, Cigna is turning…