Report: Anthem Close To Buying Cigna

Indianapolis-based Anthem Inc. (NYSE: ANTM) is getting close to an agreement to purchase Bloomfield, Conn.-based Cigna Corp. (NYSE: CI), Bloomberg reports. The story cites anonymous sources close to the deal in saying Anthem would pay about $48 billion for the company. Anthem also operates Anthem Blue Cross and Blue Shield. The two companies had already discussed an acquisition agreement in late June, which Cigna said was undervalued.

Topics:  indianapolis-based anthem inc nyse   antm    bloomfield   conn    based cigna   corp    nyse   ci    bloomberg   anthem blue cross   shield   june   the   anthem   cigna   blue   report   close   agreement   
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