Sep 17, 2018

Justice Department clears Cigna-Express Scripts deal

Photo: James Leynse/Corbis via Getty Images

Cigna and Express Scripts said Monday that antitrust officials at the Department of Justice have officially cleared their $67 billion merger.

Why it matters: Pending final state approvals, which seem likely at this point, Cigna is on the brink of becoming a behemoth encompassing health insurance and pharmacy benefits management, although the companies have not explained how consumers would save money.

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