As the health care industry continues to be disrupted, Cigna says it is buying Express Scripts. (Photo: AP)
(Bloomberg) –Cigna Corp. agreed to buy Express Scripts Holding Co. in an about $54 billion deal that builds on the rapid transformation of the health-care business as companies and consumers chafe at rising costs.
The price includes $48.75 in cash and 0.2434 shares of stock of the combined company per Express Scripts share, the companies said in a statement Thursday.
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