UPDATE: Anthem (ANTM), Cigna Corp. (CI) Pop Higher on Deal Chatter
Tweet
Share
E-mail
Get Alerts CI Hot Sheet
Price: $276.00 --0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.2%
Revenue Growth %: +4.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.2%
Revenue Growth %: +4.2%
Join SI Premium – FREE
(Updated - June 15, 2015 12:03 PM EDT)
Anthem (NYSE: ANTM) and Cigna Corp. (NYSE: CI) are popping higher. Dow Jones reports that Anthem was said to make a takeover approach for Cigna. Anthem was said to offer $175 per share for Cigna, which Cigna rebuffed.
$175 would be a 27.5 percent premium to Cigna's close at $137.31 last Friday.
Cigna shares are halted, but up 6.2 percent on Monday's session.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- GFL shares surge on report of PE bidding war
- Taboola to acquire Dianomi in finance ad network deal
- Apollo explores sale options for floating LNG infrastructure operator Energos - Reuters
Create E-mail Alert Related Categories
Mergers and Acquisitions, Rumors, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
