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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
Published Sun, May 14, 2017 · 09:50 PM
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.
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