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Anthem (WLP) has made it official. It's buying Cigna (CI) for $54.2 billion, creating a health insurance giant.
Anthem (WLP) is buying Cigna (CI) for $54.2 billion in a cash and stock deal.
Cigna (CI) shares moved higher in Thursday's trading session on reports the health insurer is in advanced talks to be acquired by Anthem Healthcare (WLP).
Even though no medical or credit card information was stolen, what was taken could be even more valuable, security experts said.