Anthem Says TRO Backs Fast Appeal In $54B Cigna Deal

Law360, Los Angeles (February 16, 2017, 7:48 PM EST) -- Anthem Inc. doubled down Thursday on its bid for the D.C. Circuit to hasten its appeal of a ruling against a $54 billion merger with Cigna Corp., arguing that a temporary restraining order stopping Cigna from breaking up the deal bolsters its case for an expedited decision.

Cigna sued Anthem in Delaware court for a declaration that it had legally terminated the proposed merger, while Anthem answered with a filing seeking a TRO to block Cigna from canceling the deal, court records show.

Vice Chancellor J....
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

USA, et al v. Anthem, Inc., et al


Case Number

17-5024

Court

Appellate - DC Circuit

Nature of Suit

2410 Antitrust

Date Filed

February 10, 2017

Law Firms

Companies

Government Agencies

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.