Earlier this month, the Connecticut-based Aetna purchased Humana. That helped cover up a 5 percent decline in revenue. Seven analysts surveyed by Zacks expected $10.93 billion.
The deal, which could be announced as early as Thursday afternoon would value each share of Cigna at $188 for a total of $48 billion, according to The Wall Street Journal. An announcement could come later this week. Anthem and Cigna did not immediately respond to requests for...
More than a third of the USA population has health coverage through an insurer that either wants to make a huge acquisition or is about to be swallowed up in one. Aetna will be acquiring all the shares of Humana in exchange of cash and their own shares. The 2010 overhaul of the...
Others have said it is unclear that this group of regulators will stick to the usual review playbook for such a large deal and may add other restrictions. However, after Friday’s acquisition announcement, their options just have contracted.
However, insurance prices depend largely on the cost of health care locally, not how big an insurer gets nationally. (Humana; NYSE:HUM) on review for upgrade following the announcement that Aetna Inc.