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Anthem Inc. publicly announces its $47.5 billion bid to acquire Cigna Corp. in a five-way takeover frenzy among major health insurers. Anthem's bid, made in cash and stock at $184 per share, is intended to appeal to Cigna shareholders and put pressure on the company to engage in merger discussions. The rapidly evolving landscape of the healthcare industry drives the urgency for consolidation among health insurers seeking strategic partnerships.
Saturday, 20 June, 2015