Health Care Down On Weak Merger Outlook -- Health Care Roundup

Features Dow Jones Newswires

Shares of health-care companies ticked down as the outlook for mergers in the sector looked grim.

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Anthem terminated its merger agreement with Cigna, adding that it wouldn't pay a termination fee and promised to "vigorously pursue" damages claims against the rival insurer after a legal effort to push Cigna into closing the deal failed.

(-By Rob Curran, rob.curran@dowjones.com)

(END) Dow Jones Newswires

May 12, 2017 16:36 ET (20:36 GMT)