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8 Firms Lead $3.7B Sale Of Cigna Medicare Businesses

Law 360 M&A

The Cigna Group will sell multiple health benefits and Medicare units to Health Care Service Corp., the companies said Wednesday in an announcement detailing a deal valued at around $3.7

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Why Is Cigna Stock Trading Higher Today?

Benzinga

Cigna Group (NYSE: CI ) shares are trading higher after the company reportedly ended its attempt to negotiate an acquisition deal with rival Humana Inc (NYSE: HUM ) after the pair disagreed on price terms. The company intends to use most of its discretionary cash flow for share repurchase in 2024. Cigna expects.

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What's Going On With Healthcare Insurance Giant Cigna Stock Today?

Benzinga

Cigna Group (NYSE: CI ) and Humana Inc (NYSE: HUM ) are reportedly discussing a merger deal to create a new powerhouse in the health insurance industry. The companies are discussing a stock-and-cash deal that could be finalized by the end of the year, the Wall Street Journal reported , citing people familiar with the matter.

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Cigna's Medicare Business Sale: Health Care Service Could Scoop The Business

Benzinga

Cigna Group (NYSE: CI ) is reportedly in advanced negotiations to divest its Medicare Advantage division and is presently in discussions to sell it to Health Care Service Corp Inc (NASDAQ: HCSG ) for around $3 billion-$4 billion. The deal would significantly. Full story available on Benzinga.com

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