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, email@example.com)
(END) Dow Jones Newswires
May 12, 2017 16:36 ET (20:36 GMT)