UPDATE: Anthem (ANTM), Cigna Corp. (CI) Pop Higher on Deal Chatter
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Price: $279.46 -1.28%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.3%
Revenue Growth %: +4.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.3%
Revenue Growth %: +4.3%
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(Updated - June 15, 2015 12:03 PM EDT)
Anthem (NYSE: ANTM) and Cigna Corp. (NYSE: CI) are popping higher. Dow Jones reports that Anthem was said to make a takeover approach for Cigna. Anthem was said to offer $175 per share for Cigna, which Cigna rebuffed.
$175 would be a 27.5 percent premium to Cigna's close at $137.31 last Friday.
Cigna shares are halted, but up 6.2 percent on Monday's session.
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