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Cigna to Acquire Express Scripts for $67 Billion

Source CIGNA HealthCare
Published Date 3/8/2018
Drives greater affordability and connectivity with customers and their health care providers, while making health care simpler

Cigna Corporation (NYSE: CI) and Express Scripts Holding Company (NASDAQ: ESRX) today announced that they have entered into a definitive agreement whereby Cigna will acquire Express Scripts in a cash and stock transaction valued at approximately $67 billion, including Cigna's assumption of approximately $15 billion in Express Scripts debt. The merger consideration will consist of $48.75 in cash and 0.2434 shares of stock of the combined company per Express Scripts share. The transaction was approved by the board of directors of each company. ...
View the entire CIGNA HealthCare article
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Featured Companies
CIGNA Corp.
Philadelphia, PA
 
CIGNA HealthCare
Hartford, CT
 
Express Scripts, Inc.
Maryland Heights, MO
 

Company Representatives Featured
David M. Cordani
[President and Chief Executive Officer]
CIGNA Corp.
 
David M. Cordani
[CIGNA Corporation President and Chief Executive Officer]
CIGNA HealthCare
 
Brian Henry
[Senior Director - Public Affairs]
Express Scripts, Inc.
Media Contact
 
Will McDowell
[Media Contact]
CIGNA Corp.
Media Contact
 
Ellie Polack
[Media Contact]
CIGNA Corp.
Media Contact
 
Timothy C. Wentworth
[President]
Express Scripts, Inc.
 
 
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