Inside The Downward Spiral Of 2 Health Care Megadeals

Law360, New York (February 14, 2017, 7:52 PM EST) -- Two closely watched health care megadeals imploded Tuesday, with Aetna scrapping its planned $37 billion Humana buy amid antitrust challenges and Cigna suing Anthem in Delaware court as it looks to kill their planned $54 billion tie-up.

Aetna Inc. and Humana Inc. revealed Tuesday morning that they will no longer move forward with their planned cash-and-stock combination. Aetna, which is on the hook for a $1 billion termination fee, said that while it still believes in the benefits of the transaction, the “current environment” is proving...
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