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"What we're reading, August 5, 2016: judge assigned to Anthem-Cigna and Aetna-Humana cases said he would likely only rule on one by the end of 2016; aversion to late-term abortion plummets when Zika infection is a factor; and the National Institutes of Health proposes lifting ban on research funds for human-animal stem cell research.", www.ajmc.com
"Royal Bank of Scotland Group Plc is still dealing with problems from its past. Along with other banks, the lender’s past sins included selling insurance to customers who didn’t want or need it and probes into how traders rigged Libor and currency benchmarks. The latest provisions include 700 million pounds ($910 million) to cover potential settlements for a lawsuit related to a 2008 share sale and 450 million pounds to cover what the bank’s CFO said should be “full and final” provision for the s", www.bloomberg.com
"Cigna Corp. Chief Executive Officer David Cordani faces a tough task: persuading investors and lawyers that the health insurer is committed to a troubled $48 billion takeover by Anthem Inc., while also talking up its prospects as an independent company.", www.bloomberg.com
"The State Corporation Commission’s Bureau of Insurance last week released a long-awaited analysis of the proposed merger between insurers Anthem and Cigna, finding that Anthem’s intended $54 billion acquisition is not in Virginians’ best interests.", www.richmond.com
"State seeks to block proposed Anthem, Cigna merger - HARTFORD >> Attorney General George Jepsen today issued the following statement announcing that Connecticut, in conjunction with the Department of Justice and other states, has filed a federal antitrust lawsuit seeking to permanently enjoin the proposed merger of Anthem, Inc. and Cigna Corp.:", www.westhartfordnews.com
"Cigna plans to support Anthem as it fights the Justice Department’s lawsuit against their merger, CEO David Cordani told investors, but he also left the door open for the insurer to re-evaluate its options--including pursuing other growth opportunities if the deal fails.", www.fiercehealthcare.com
"Health insurer Anthem Inc (ANTM.N), which is fighting the government to save its merger with rival Cigna Corp (CI.N), asked a judge on Tuesday to decide on the deal by the end of the year and to split its case off from the government's challenge of a second merger of insurance companies.", www.reuters.com
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