U.S. takes legal action against to obstruct 2 major health care mergers

DOJ sues to block healthcare mergers
The Department of Justice is taking legal action against 4 major health insurance business in an effort to block 2 proposed mergers. The antitrust lawsuits were announced Thursday by Attorney general of the United States Loretta Lynch in reaction to Anthem’s (ANTX) $54 billion proposal to get Cigna (CI) and Aetna’s (AET) $37 billion takeover of Humana (HUM).

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