Analysis

A Closer Look At Battle Over Troubled Anthem-Cigna Megadeal

Law360, New York (February 15, 2017, 9:34 PM EST) -- The growing discontent between Anthem and Cigna hit a boiling point this week, with the health insurance giants trading shots in Delaware Chancery Court after Cigna attempted to end their $54 billion deal following the U.S. Department of Justice's successful bid to block the combination, despite Anthem's ongoing appeal.

Cigna's efforts to end the deal — and Anthem's efforts to keep it alive — come after the DOJ won an injunction to block the merger on competition grounds, a ruling that Anthem is in the process...
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