UNH - What's Going On With Healthcare Insurance Giant Cigna Stock Today? | Benzinga
Cigna Group (NYSE: CI) and Humana Inc (NYSE: HUM) are reportedly discussing a merger deal to create a new powerhouse in the health insurance industry.
The companies are discussing a stock-and-cash deal that could be finalized by the end of the year, the Wall Street Journal reported, citing people familiar with the matter.
A combination of the managed-care providers would be huge, given Cigna's market value of about $84 billion and Humana's with around $63 billion.
The merged entity would possess considerable scale, posing a formidable challenge to established giants like UnitedHealth Group Inc (NYSE: UNH) ...