Anthem bids $48B for Cigna, Even as Mega-health deals Merges for Affordability

July 25, 2015 2:07 PM

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Anthem bids $48B for Cigna, Even as Mega-health deals Merges for Affordability

It took just a matter of weeks for the landscape of the U.S. has been altered in a buyout frenzy that could transform five massive U.S. health companies into just three; it started with Aetna’s $35 billion bid for Humana Inc. on the 3rd of July. And this included the UnitedHealth Group.

It was on Friday that the deal was announced and it is said to be valued around $54.2 billion. This also includes all the debt. It was agreed that the shareholders of Shareholders of Cigna, based in Bloomfield, Connecticut will have 103.40 per share in cash and 0.5152 shares of Anthem stock for each...

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