Analysis

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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Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.