Published July 22, 2015 6:33pm EDT | Updated July 25, 2015 9:37pm EDT

Cigna Shares Rally On Report Of Anthem Buyout

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.