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Anthem's desperate bid to save Cigna acquisition

Cigna has begun pulling away from Anthem, the health insurer poised to acquire it, but that is the least of Anthem's problems following the Labor Department's announcement to block the pending merger.

By Jack Craver | Updated on August 04, 2016
Cigna has begun pulling away from Anthem, the health insurer poised to acquire it. (Photo: iStock)

Anthem wants to get its fight with the U.S. government over with as soon as possible.

On Tuesday, the insurer asked a federal judge to deliver a decision on its proposed acquisition of Cigna before the end of the year. Two weeks ago, the U.S. Department of Justice sued to block that deal, as well as a similar proposed merger between Aetna and Humana.

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Jack Craver

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