U.S. appeals court blocks Anthem bid to merge with rival Cigna

Apr 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

WASHINGTON (Reuters) – A U.S. appeals court blocked health insurer Anthem Inc’s bid to merge with Cigna on Friday, upholding a lower court’s decision that the $54 billion deal should not be allowed because it would lead to higher prices for healthcare.