Cigna Shares Rally On Report Of Anthem Buyout

By Wallace WitkowskiMarketWatch Pulse

Cigna Corp. shares jumped in the extended session Wednesday on a report that Anthem Inc. is near a deal to buy the health insurer. Cigna shares surged 7.2% to $161.99 on moderate volume. Anthem shares declined 0.5% to $154.29. Late Wednesday, The Wall Street Journal reported that Anthem was close to a deal to acquire Cigna for about $187 a share.

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