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Cigna announces that it has terminated its merger with Anthem, a deal that was blocked by a U.S. federal judge last week. In addition, Cigna sues Anthem for the $1.85 billion reverse termination fee, and for more than $13 billion in additional damages. Anthem says Cigna has no right to terminate the merger, a deal which in January was extended to April 30, 2017. (Bloomberg)(CNBC)
Aetna and Humana terminate their proposed merger that had been blocked last month by a U.S. federal judge. Aetna announces it will pay Humana the $1 billion fee for calling off the agreement. (Forbes)(NPR)