https://www.investopedia.com/humana-stock-slumps-as-cigna-says-not-pursuing-combination-8742988
4 replies (most recent on top)
Merger goes through would almost guarantee layoffs on both sides, more on Humana side without a doubt
It’s tough because both companies need each other to have any hope of competing against United, Anthem/Elevance and Aetna.
They may have realized that Medicare and Medicaid are likely to be cut very thin as a result of the Election and that it wouldn’t be smart move for them financially.
Good for them. Probably avoided financial chaos.