UPDATE 5-Cigna abandons pursuit of Humana, plans $10 billion share buyback -sources

U.S. health insurer Cigna has ended its attempt to negotiate an acquisition of peer Humana , two sources familiar with the situation said on Sunday, as the company announced plans to buy back $10 billion worth of shares. The deal could have exceeded $60 billion in value but was certain to attract…#cigna #humana #davidcordani #unitedhealthgroup #cvshealth #medicare #medicareadvantage
Source: Reuters: Health - Category: Consumer Health News Source Type: news