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Bob Herman May 12, 2017
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Judge says Cigna can walk away from Anthem deal

AP file photo

A Delaware judge ruled that Cigna could walk away from its proposed deal with Anthem, which has already been struck down by the Department of Justice and federal courts.

Why this matters: Seriously, the deal is just about dead. Anthem is pretty much in denial at this point, as it awaits its appeal to the Supreme Court. Now, we can expect a legal fracas over how much of the $1.85 billion merger termination fee Anthem owes Cigna.