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
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 the companies to fight over who's to blame for the deal's collapse.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?
Dim sum chain Tim Ho Wan ramps up North America, Hong Kong expansion after Jollibee acquisition
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why