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Shares of Cigna rose more than 8% in premarket trading, while Humana fell 8%. The company "remains committed to its ...

Humana shares drop 7% premarket as Cigna confirms it won't pursue combination with the managed care insurer.

Shares of Cigna Group (NYSE: CI), the healthcare company, were rising today after the company announced in a press release ...

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Company officials said Monday they are not pursuing a merger with rival Humana, causing Cigna's stock to rise in the markets.

Cigna Group said it won’t pursue a combination with rival insurer Humana Inc. after reports the two companies had renewed discussions of a deal. Most Read from BloombergThe Leaf Blowers Will Not Go ...

The two health insurance giants held talks about a deal last year, but Cigna walked away after the two companies failed to ...

The flat-out denial comes after Cigna CEO David Cordani tried to throw cold water on persistent speculation of a Humana merger earlier this fall.

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"In light of recent and persistent speculation, The Cigna Group expects to communicate that the company is not pursuing a combination with Humana Inc.," Cigna said. "The Cigna Group remains committed ...