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Anthem ends battle for Cigna after court ruling

Both firms now fight over who's to blame for the deal's collapse after judge rules Cigna can walk away from the US$48b merger

In his ruling, the judge said Anthem didn't deserve a 60-day extension of an earlier order barring Cigna's exit because it was incredibly unlikely that the company could close the deal.

Wilmington, Delaware

ANTHEM Inc's nearly two-year effort to buy rival insurer Cigna Corp is officially dead.

Anthem said on Friday it won't appeal against a Delaware judge's ruling late on Thursday that Cigna can walk away from the US$48 billion health insurance merger. That leaves...

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