Anthem Wins Rush On Cigna Merger Appeal

By Kat Greene (February 17, 2017, 9:50 PM EST) -- The D.C. Circuit on Friday granted Anthem Inc.'s bid to speed up its appeal of a lower court's ruling blocking its proposed $54 billion acquisition of Cigna Corp. in a short order Friday, setting oral arguments for the case for March 24.

Friday's order granted Anthem's bid for a faster case, setting deadlines in quick succession for briefing and oral arguments and guidelines. (AP) Anthem had asked the D.C. Circuit to reverse U.S. District Judge Amy Berman Jackson's Feb. 8 finding that the proposed combination would eliminate the two companies' vigorous competition with one another, saying she had ignored benefits for...

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