Anthem to Buy Cigna to Create Largest U.S. Health Insurer

Filed under: Company News, Mergers & Acquisitions, Insurance Industry, Health Insurance, Consumer Issues

Michael Conroy/APBy Ankur BanerjeeAnthem (ANTM) said Friday it would buy Cigna (CI) in a deal valued at $54.2 billion, creating the largest U.S. health insurer by membership.The deal -- the biggest ever in the health insurance industry -- comes three weeks after Aetna (AET) agreed to buy Humana (HUM) for $37 billion and is part of an industry-wide consolidation following the roll-out of...

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