Anthem will appeal ruling blocking Cigna merger

 In xifin news

Anthem will appeal a federal judge’s decision preventing a merger with Cigna, the insurer announced. A federal judge blocked the proposed $48 billion merger of Anthem and Cigna, two of the nation’s largest health insurers. Anthem, which is based in Indianapolis, said it plans to “promptly” appeal and request an expedited hearing to reverse the decision.

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