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....
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