report that a well-known activist investor has accumulated a “sizable” equity stake (described as less than 5% of outstanding equity) of Cigna stock and plans to vote against the deal based on ...
Carl Icahn doesn't want the health insurer Cigna's $67 billion deal with Express Scripts. Icahn, who recently took a stake in Cigna, wrote in a letter to Cigna shareholders Tuesday that the deal "may ...
Cigna is prepared to weather a government crackdown on pharmacy benefit managers despite its Express Scripts subsidiary's reliance on spread pricing and drugmaker rebates, CEO David Cordani said ...
(Reuters) – Hedge fund Glenview Capital Management on Thursday backed health insurer Cigna Corp’s deal to buy pharmacy benefit manager Express Scripts in the face of stiff opposition from activist ...
Express Scripts Inc. and health insurer Cigna Corp. have settled for a combined $27 million in a lawsuit brought by New York state related to contracts they had to provide pharmacy benefit management ...
Federal officials Monday gave the go-ahead to the proposed merger between Cigna, one of the nation’s largest health insurers, and Express Scripts, a major pharmacy benefit manager. The $52-billion ...
Health insurer Cigna is buying the nation's biggest pharmacy benefit manager, Express Scripts, the latest in a string of proposed tie-ups as health care's bill payers attempt to get a grip on rising ...