Company officials said Monday they are not pursuing a merger with rival Humana, causing Cigna's stock to rise in the markets.
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Cigna Group has decided not to merge with Humana, leading to an rise in Cigna's stock and a drop in Humana's stock.
In light of recent and persistent speculation, The Cigna Group (CI) expects to communicate that the company is not pursuing a combination with ...
The health insurer Cigna Group snatched away a lifeline from Humana on Monday morning, telling investors it has no intention ...
The two health insurance giants, with a combined market value of roughly $125 billion, held talks about a deal last year.
The flat-out denial comes after Cigna CEO David Cordani tried to throw cold water on persistent speculation of a Humana merger earlier this fall.