Cigna Abandons Humana Acquisition, Announces Major Stock Buyback
TL;DR Summary
Cigna has abandoned its pursuit of a merger with Humana due to disagreements over price and financial terms. Instead, Cigna plans to focus on smaller acquisitions and initiate a $10 billion stock buyback.
- Cigna Calls Off Humana Pursuit, Plans Big Stock Buyback - WSJ The Wall Street Journal
- US health insurer Cigna scraps deal to buy Humana -WSJ Reuters
- US health insurer Cigna scraps deal to buy Humana Yahoo Finance
- Cigna to Call Off Humana Deal, Plans $10 Billion Buyback Bloomberg
- U.S. health insurer Cigna scraps deal to buy Humana, report says The Globe and Mail
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