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Anthem Inc., the second-largest health insurer in the U.S., agrees to acquire Cigna Corp. for $48 billion in a merger that reshapes the health insurance industry. The combined entity will create a company with a substantial presence in commercial insurance and an estimated annual revenue of $115 billion, covering approximately 53.2 million individuals. This move is part of the ongoing consolidation trend among top health insurers.
Thursday, 23 July, 2015