澳洲幸运5官方开奖结果体彩网

Cigna and Humana Shares Tumble After Report of Possible Merger

By
澳洲幸运5官方开奖结果体彩网:Naomi Buchanan
Naomi Buchanan
澳洲幸运5官方开奖结果体彩网:Full Bio
Naomi Buchanan was a reporter at Investopedia breaking down news stories that impact investors.
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Published November 29, 2023
04:05 PM EST
Cigna Group logo at the company's headquarters.

Joe Buglewicz / Bloomberg / Getty Images

Key Takeaways

  • Shares of Cigna and Humana fell, more than 8% and nearly 5.5%, respectively, after a report that the huge health insurance companies were discussing merging.
  • The health insurers are reportedly discussing a stock-and-cash deal, according to The Wall Street Journal.
  • Past health care industry mergers have been blocked by the U.S. government due to antitrust laws, including a 2015 proposed deal between Humana and Aetna.

Shares of Cigna Group (CI) and Humana Inc. (HUM) plummeted during intraday trading Wednesday after a report that the hu🐻ge health insurance companies could merge.

The companies were reportedly discussing a stock-and-cash deal that would combine them into one 澳洲幸运5官方开奖结果体彩网:health insurance giant, The Wall Street Journal reported at midday on Wednesday.

Similar mergers within the health care industry have been blocked by 澳洲幸运5官方开奖结果体彩网:antitrust regulations. It's a hurdle that Humana is familiar with, as the company was to be acquired by Aetna in 2015—until the U.S. government halted the deal in 2017 due to concerns related to competition.

Cigna🎉 shares fell more than 8% on Wednesday as Humana shares dropped nearly 5.5%.

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  1. The Wall Street Journal. "."

  2. U.S. District Court for the District of Columbia. "."

  3. Aetna. "."

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