Cigna Offers 15M Shares To Fund $4B HealthSpring Buy
Cigna revealed the common stock offering in a regulatory filing, along with a number caveats. The insurer noted that proposed class actions had been filed against it and HealthSpring in the Chancery Court for Williamson County, Tenn. and the Delaware Court of Chancery over the deal.
“While Cigna intends to vigorously defend against these lawsuits and...
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