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DOJ Clears Cigna's Acquisition of Express Scripts

The U.S. Department of Justice has cleared Cigna 's $52 billion acquisition of Express Scripts , the companies announced in a statement Monday. In combining Cigna, a health insurer, and Express Scripts, a pharmacy benefit manager, the firms say they can improve care for patients and lower health-care costs. Their rivals are growing and pursuing deals of their own as the industry faces increasing costs and growing political pressure and braces for Amazon's entry...

Mentions: Amazon acquisition Cigna