Merger agreements between Humana Inc. and Aetna Inc. and between Cigna Corp. and Anthem Inc. were both terminated Tuesday.
Louisville, Ky.-based Humana (NYSE: HUM), a major employer in the Green Bay area, issued a news release this morning to announce the "mutual termination" after last month's federal court ruling that blocked the transaction. Under the terms of the merger agreement, Humana is entitled to a breakup fee of $1 billion, and the company said today that would amount to about $630 million…
Merger agreements between Humana Inc. and Aetna Inc. and between Cigna Corp. and Anthem Inc. were both terminated Tuesday.
Louisville, Ky.-based Humana (NYSE: HUM), a major employer in the Green Bay area, issued a news release this morning to announce the "mutual termination" after last month's federal court ruling that blocked the transaction. Under the terms of the merger agreement, Humana is entitled to a breakup fee of $1 billion, and the company said today that would amount to about $630 million…
