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Cigna To Pay $295M For Senior-Focused AFG Insurance Unit

By Karlee Weinmann (May 11, 2012, 3:02 PM EDT) -- Health insurance juggernaut Cigna Corp. will fork over roughly $295 million for Cincinnati-based American Financial Group Inc.'s Medicare and critical illness insurance divisions to strengthen Cigna's foothold in the booming senior market, the companies said Thursday....

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