Amid a big era for consolidation in the health insurance sector, will the M&A wave spur more deals?» Read More
A look at newly public companies that still have ties to their founders and continue to maintain much of their early start-up flair.
“Mad Money” host Jim Cramer thinks the selloff in these shares could be overdone.
Jim Cramer explains the two types of takeover targets in the market and why an activist won't go near Twitter.
The average consumer should catch a price break if major health insurers like Anthem and Cigna combine and cut their expenses. That's the basic theory, at least. The reality will be much murkier for the more than 50 million people who may be affected if Anthem Inc. succeeds with its bid to buy smaller rival Cigna Corp. or if other major insurers combine as many on...
NEW YORK/ WASHINGTON, June 22- U.S. health insurer Anthem Inc on Monday dismissed concerns that buying smaller competitor Cigna Corp would be considered anti-competitive, even as antitrust experts said the combination would earn regulatory scrutiny. Besides the possible Anthem deal, Humana Inc is considering a sale, possibly to Cigna or Aetna Inc, a source...
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Cigna Corp., up $7.34 to $162.60. Williams Cos., up $12.52 to $60.86.
Athena Health CEO Jonathan Bush said that more talks of M&A in health care are just a reflection of slowing innovation in the industry.
U.S. stocks closed higher, following a global rally in equities, as investors cheered signs of progress in the Greece debt negotiations.
Discussing merger chatter for Anthem and Cigna, as well as Aetna and Humana, with Steven Halper, FBR Capital Markets.
NEW YORK/ WASHINGTON, June 22- U.S. health insurer Anthem Inc on Monday dismissed concerns that buying smaller competitor Cigna Corp would be considered anti-competitive, even as antitrust experts said the combination would earn regulatory scrutiny. Anthem, which runs Blue Cross Blue Shield plans in 14 states, disclosed on Saturday that it had offered to buy...
NEW YORK, June 22- Anthem Inc CEO Joseph Swedish said on Monday that the company has looked closely at how antitrust authorities would view an acquisition of Cigna Corp and does not see any "substantive" issues. Swedish said that the company also does not see any problems with meeting the requirements of the Blue Cross Blue Shield Association, of which it is a member.
Anthem sees its more than $47 billion bid to buy rival Cigna as a way to muscle up on technology that helps consumers and to strengthen its rapidly growing Medicare Advantage business. Leaders of the Blue Cross-Blue Shield insurer reaffirmed on Monday their commitment to getting a deal done a day after Cigna shot down the idea in a letter delivered to Anthem's...
NEW YORK, June 22- U.S. health insurer Anthem Inc on Monday said it is committed to buying Cigna Corp, saying it had found $2 billion in cost synergies within two years, after the smaller rival publicly rejected the deal. Anthem on Saturday publicly disclosed that it had offered to buy Cigna for cash and stock worth $47 billion, but that Cigna had said no primarily...
Major health insurers are trading higher before the opening bell Monday after Anthem went public with a bid to buy Cigna for about $47 billion and a report of another major acquisition surfaced. On Saturday, the Blue Cross-Blue Shield insurer Anthem Inc. said it was raising the offer it had made for Cigna to a combination of cash and stock worth $184 per share.
Some of the names on the move ahead of the open.
Sachin Shah, special situations and merger arbitrage strategist at Albert Fried and Company, attributes the flurry of M&A activities in the health insurer space to the implementation of Obamacare.
Raghuram Selvaraju, managing director of Equity Research and Healthcare at MLV & Co, discusses news that Cigna has rejected a $47.5 billion takeover offer from Anthem.
June 21- Health insurer Cigna Corp rebuffed Anthem Inc's $47 billion merger proposal on Sunday, saying it was "deeply disappointed" with Anthem's recent actions and the offer was not in the best interest of shareholders. Anthem's offer for smaller rival Cigna is part of a daisy chain of potential deals in the health insurance sector. Cigna Chairman Isaiah Harris,...
Cigna on Sunday rejected an increased $53.8 billion bid from Anthem as inadequate.
June 21- Cigna Corp said on Sunday that Anthem Inc's "highly conditional, non-binding proposal" is inadequate and that it is not in the best interest of Cigna shareholders. On Saturday Anthem said it had offered $47 billion in cash and stock for Cigna, its smaller rival. In a letter to Anthem's board, Cigna said it was "deeply disappointed" with Anthem's recent actions.