{"id":600695,"date":"2023-12-11T04:18:05","date_gmt":"2023-12-11T01:18:05","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/cigna-ends-plans-to-merge-with-humana-report\/"},"modified":"2023-12-11T04:18:05","modified_gmt":"2023-12-11T01:18:05","slug":"cigna-ends-plans-to-merge-with-humana-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/cigna-ends-plans-to-merge-with-humana-report\/","title":{"rendered":"#Cigna ends plans to merge with Humana: report"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2018\/08\/cigna_08242015getty.jpg?w=900\" \/><\/p>\n<div>\n<p>U.S. health insurer Cigna ended its attempts to merge with competitor Humana after the two companies <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/deals\/cigna-calls-off-humana-pursuit-plans-big-stock-buyback-ae1c6b3c\">failed to reach an agreement<\/a>, The Wall Street Journal (WSJ) reported. <\/p>\n<p>The two health insurance giants spent recent weeks discussing a potential merger that would\u2019ve produced a powerhouse company worth an estimated $140 billion by the end of the year, per WSJ.<\/p>\n<aside class=\"ad-unit ad-unit--mr1_ab\"><\/aside>\n<p>This plan, however, was abandoned after shareholders expressed concerns with the combination and the companies failed to agree on financial terms, WSJ said, citing people familiar with the matter. The people told WSJ the deal would\u2019ve involved Cigna acquiring Humana through a cash-and-stock transaction with a \u201clarge stock component.\u201d <\/p>\n<p>Shareholders \u201creacted coolly,\u201d and Cigna stock dropped nearly 10 percent in the wake of the talks, according to WSJ. <\/p>\n<p>People familiar with the talks told WSJ that Cigna still supports the benefits of a combined company, which they said would\u2019ve worked toward improved access to care and lower consumer costs. <\/p>\n<p>Cigna, based in Bloomfield, Conn., confirmed to WSJ it will now focus on smaller acquisitions and is expecting an additional $10 billion in stock buybacks to bring the company\u2019s total planned repurchases to $11.3 billion. <\/p>\n<p>Talks of a merger between the two companies began in 2015, but Humana, based in Louisville, Ky., eventually decided on a deal with health insurer Aetna. That $34 billion deal, however, was later called off in 2017 after a federal judge rejected it due to concerns over prices and benefits, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/11662b6fe3e6441e8c50cb83f4af9144\">The Associated Press reported<\/a>. <\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cvshealth.com\/news\/company-news\/cvs-health-completes-acquisition-of-aetna-marking-start-of.html\">Aetna was later acquired<\/a> by CVS Health in 2018 in a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/cvs-completes-70-billion-acquisition-of-aetna-1543423322?mod=article_inline\">nearly $70 billion deal<\/a>. <\/p>\n<aside class=\"ad-unit ad-unit--mr2_ab\"><\/aside>\n<p>A potential merger between Cigna and health insurer Anthem was <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.justice.gov\/opa\/pr\/us-district-court-blocks-anthem-s-acquisition-cigna\">also struck down<\/a> by a federal judge in 2017 as part of an antitrust lawsuit. <\/p>\n<p>The Hill reached out to Cigna and Humana to verify WSJ\u2019s report. <\/p>\n<\/div>\n<p>Copyright 2023 Nexstar <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Media<\/a> Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thehill.com\/policy\/healthcare\/4353008-cigna-ends-plans-to-merge-with-humana-report\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. health insurer Cigna ended its attempts to merge with competitor Humana after the two companies failed to reach an agreement, The Wall Street Journal (WSJ) reported. The two health insurance giants spent recent weeks discussing a potential merger that would\u2019ve produced a powerhouse company worth an estimated $140 billion by the end of the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":600696,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2018\/08\/cigna_08242015getty.jpg?w=1280","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[147611,147612,134353,73014,71060,90482,147613,147614,133498,124783,4947],"class_list":["post-600695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-cigna","tag-cigna-insurance","tag-court-battles","tag-health-care","tag-health-insurance","tag-house","tag-humana","tag-humana-insurance","tag-in-the-know","tag-international","tag-opinion"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/600695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=600695"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/600695\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/600696"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=600695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=600695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=600695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}