Appeals court upholds decision to block Anthem bid for Cigna

—A federal appeals court on Friday left in place a decision blocking Blue Cross- Blue Shield insurer Anthem’s bid to buy rival Cigna, saying that a bigger company is not better for consumers. But the Justice Department said Anthem had no real plan to reach those savings. The ruling from the U.S. Court of Appeals for the District of Columbia Circuit likely dooms an…

Source: Appeals court upholds decision to block Anthem bid for Cigna

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