Anthem Loses DC Circuit Bid to Revive $54B Cigna Merger

A federal appeals court in Washington on Friday rejected Anthem Inc.'s proposed $54 billion acquisition of Cigna Corp., upholding a trial judge's decision to block the deal on the ground it would substantially reduce competition.

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Regulation

  • Anthem Loses DC Circuit Bid to Revive $54B Cigna Merger

    By C. Ryan Barber

    A federal appeals court in Washington on Friday rejected Anthem Inc.'s proposed $54 billion acquisition of Cigna Corp., upholding a trial judge's decision to block the deal on the ground it would substantially reduce competition.

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