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Anthem-Cigna drama shifts to break-up fee, damages

Published Sun, Apr 30, 2017 · 09:50 PM

Washington

A FEDERAL appeals court last Friday delivered what is likely a final blow to Anthem Inc's bid to buy Cigna Corp. Now comes the legal fight over the deal's failure.

The companies were clashing even before the US moved last summer to block their proposed US$48 billion merger. Then in February they sued each other in Delaware, trading accusations of harassment and sabotage.

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