Anthem-Cigna Merger Under Powerful Microscope
Health insurers Anthem Inc. and Cigna Corp. could struggle to gain regulatory approval of their proposed $54 billion merger, especially if the deal is weighed against other large-scale transactions in the industry.
Should it win U.S. Justice Department, Federal Trade Commission and state insurance regulator support, Anthem’s acquisition of Cigna – expected to close in the second-quarter of 2016 – would establish the nation’s largest publicly traded health insurer by medical membership, covering an estimated 53 million people.
That support is far from guaranteed, however, and the health insurers may have to shed parts of their business to win it. To continue reading this article, click here