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Aetna and Humana shareholders would own 74% and 26% of the new combined company, however the merger was blocked by a federal judge in January 2017. [15] [16] In February 2017, Aetna Inc. and Humana Inc. quashed a $34 billion merger agreement after judges ruled against the merger for a second time. [17]
U.S. health insurers Cigna and Humana are in talks to merge, a potential deal likely to face aggressive scrutiny from the U.S. Justice Department (DOJ) if antitrust history with similarly sized ...
By Anirban Sen and Deena Beasley (Reuters) -U.S. health insurer Cigna is in talks to merge with peer Humana, a source familiar with the matter said on Wednesday, a deal that could exceed $60 ...
The Cigna Group is an American multinational for-profit managed healthcare and insurance company based in Bloomfield, Connecticut. [2] [3] Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other groups (e.g., governmental and non-governmental ...
Megadeal, take two. In 2015, Cigna made a bid for Humana, which it ultimately lost to Aetna ().But the potential Aetna-Humana merger failed when federal judges intervened on the basis of antitrust ...
In 1989, was vice president of Humana, before being promoted to president in 1992. In 1996, he was the division president of the firm's Texas, Florida, and Puerto Rico operations, before becoming CEO of Humana in February 2000. [6] With a total compensation of $14.13 million in 2010, McCallister ranked 66th on the Forbes executive pay list. [4]