Appeals Court Upholds Decision To Block Anthem Bid For Cigna

WASHINGTON (AP) — A federal appeals court has left in place a decision blocking Anthem Inc.'s bid to buy rival health insurer Cigna Corp. The 2-1 decision Friday upholds a federal judge's ruling in February that said the proposed $48 billion acquisition would reduce competition in the concentrated insurance market. Anthem argued the merger would save $2.4 billion in medical costs and lead to lower consumer premiums.Read more on NewsOK.com

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