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Blocking Anthem-Cigna merger, judge says internal discord didn't help deal

A judge has blocked Anthem's proposed acquisition of Cigna.

By C. Ryan Barber | Updated on February 08, 2017
Anthem and Cigna’s defense, at trial, was dogged by tension between the two companies over the execution of the merger. (Photo: AP)

A federal judge in Washington blocked Anthem’s proposed $54 billion acquisition of Cigna., handing antitrust enforcers a second win in two months against a major merger in the health insurance sector.

The U.S. Justice Department sued in July to block Anthem’s deal and Aetna’s proposed $37 billion tie-up with Humana, alleging the mergers would amount to an “unprecedented consolidation in the health insurance industry.” In the suit against the Anthem and Cigna merger, federal antitrust lawyers said the deal would hurt competition for millions of consumers who receive health coverage from national employers.

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