HomeMarket NewsRumored Cigna and Humana Merger Sends Stock Prices Haywire

Rumored Cigna and Humana Merger Sends Stock Prices Haywire

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The Cigna HIT Tour In Virginia

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Update 12:50pm: Reveals additional reporting from CNBC.

Stocks of Cigna (NYSE:CI) and Humana (NYSE:HUM) fluctuated wildly after it emerged that the two health insurers were in talks to merge in a stock-and-cash deal.

The proposed deal, anticipated to be finalized by year end, was reported by WSJ on Wednesday, citing sources familiar with the matter.

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