The DOJ just approved Cigna's $67 billion merger with Express Scripts

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The Department of Justice just cleared Cigna's $67 billion merger wither Express Scripts. The deal combines a health insurer and a company that helps negotiate lower prices for prescription drugs in the form of rebates on behalf of health plans. It's expected to close by the end of 2018.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cigna and Express Scripts Seal $54 Billion MergerCigna completed its $54 billion acquisition of Express Scripts, setting up competition to cut health-care costs by managing medical, drug benefits WSJ says sorry to PewDiePie!! 🤗. Antitrust laws not even trying to be a thing anymore... And yet, pharmaceutical companies will be raising prices effective Jan. 1. Somehow that doesn't jibe with this story.
Source: WSJ - 🏆 98. / 63 Read more »

Cigna-Express Scripts Merger A Done Deal By ThursdayCigna said it will close on Thursday its acquisition of Express Scripts, the last major standalone pharmacy benefit manager (PBM).
Source: Forbes - 🏆 394. / 53 Read more »

Cigna, Express Scripts Say Merger Cleared by Justice DepartmentCigna Corp. and Express Scripts Holding Co. on Monday said the Antitrust Division of the U.S. Department of Justice cleared their pending merger.
Source: WSJ - 🏆 98. / 63 Read more »