(Reuters) - Cigna Group is not pursuing a combination with Humana, the health insurer said on Monday, following recent media ...
(Reuters) - Cigna Group is not pursuing a combination with rival Humana, the health insurer said on Monday, days after Donald ...
Humana shares drop 7% premarket as Cigna confirms it won't pursue combination with the managed care insurer.
Cigna's bold move to halt merger talks with Humana sends shockwaves through the market, while stock buybacks ramp up.
The show starts by highlighting notable company updates and stock reactions for several top stocks, including Cigna (CI), ...
The flat-out denial comes after Cigna CEO David Cordani tried to throw cold water on persistent speculation of a Humana ...
Additionally, in light of recent and persistent speculation, The Cigna Group expects to communicate that the company is not ...
Cigna said it isn't buying Humana, per a Wall Street Journal report, which noted that Cigna spoke up because of ongoing ...
Last December, the two companies failed to agree on a price as Cigna pursued the purchase of the Louisville-based company.
Analyst Steve Baxter of Wells Fargo maintained a Hold rating on Cigna (CI – Research Report), retaining the price target of $355.00.
Cigna Group confirmed it is "not pursuing a combination with Humana, a big provider of Medicare Advantage coveage.
Despite reports that merger talks were back on, Cigna officially squashed rumors that it was looking to acquire Humana in a ...