Humana (HUM) Price Target Lowered at Deutsche Bank

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Cigna Corp. (CI) Rejects Anthem (ANTM) Bid

June 21, 2015 6:08 PM EDT

Cigna Corporation (NYSE: CI) confirmed today it received a highly conditional, non-binding proposal from Anthem, Inc. (NYSE: ANTM) on June 20, 2015.

Cignas Board of Directors has carefully reviewed this proposal consistent with the companys continued focus on maximizing shareholder value and creating differentiated value for its customers, clients and other stakeholders in a dynamic, rapidly-evolving healthcare environment.

Based on a number of factors in the proposal and unaddressed concerns regarding the ability to achieve the benefits of a potential... More

Aetna (AET) Offers to Acquire Humana (HUM) - WSJ

June 20, 2015 5:52 PM EDT

Aetna (NYSE: AET) made an offer to acquire Humana (NYSE: HUM) over the past couple of days, the Wall Street Journal reported. It is unclear the amount of the offer. News of the offer comes the... More

Anthem (ANTM) Offers $184/Share for Cigna Corp. (CI)

June 20, 2015 1:43 PM EDT

Anthem, Inc. (NYSE: ANTM) announced that it has submitted a non-binding proposal to acquire Cigna Corporation (NYSE: CI) for $184 per share in cash and stock. The proposed combination would create a premiere health benefits company with critical diversification and scale to lead the transformation of health care delivery for consumers. The combined company would be an industry leader with greater than $115 billion in annual revenues, based on the most recent 2015 outlook publicly reported by both companies. Together Anthem and Cigna would gain meaningful diversification covering approximately 53 million combined medical members... More