Cigna rejects $48B Anthem takeover, sues for damages
Cigna says it is rejecting Anthem's proposed $48 billion acquisition bid and suing the Blue Cross-Blue Shield insurer.
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Federal court expected to block Anthem-Cigna deal, report says
Anthem Inc. on Thursday said it was extending the termination date for its pending $54 billion merger with Cigna Corp.—a deal that is expected to be blocked by a federal judge, according to a new media report.
Anthem, Cigna to begin court fight to save $48 billion merger
Anthem Inc.’s proposed merger with Cigna Corp. would reduce health-care competition and raise costs for consumers, U.S. antitrust lawyers will argue Monday when the government goes to court to try to block the transaction.
5 practice areas expected to see major growth in 2017
In its 2017 Practice Outlook Guide, BTI Consulting Group projected that five practice areas would experience significant growth in the coming year: regulatory matters, mergers and acquisitions, cybersecurity/data privacy, bet-the-company litigation and class-action lawsuits. Here is a look at the reasons top lawyers in these practice areas are predicting steady growth.
Anthem, Cigna may be forced to reveal merger-dispute documents
Anthem Inc. and Cigna Corp. should be required to reveal documents in which the health insurance companies accuse each other of breaching their merger agreement, according to an adviser to the judge overseeing a U.S. lawsuit seeking to block the deal.
Law firm mergers slow in third quarter
Another record year for law firm combinations in the U.S. may not happen after all. The number of mergers slowed considerably over the summer after a very active first half of 2016, according to Altman Weil MergerLine.
Anthem and Cigna don’t get along, but they’ll never tell
In federal court papers filed Thursday, Anthem Inc. said that Department of Justice prosecutors seeking to block the deal shouldn’t have access to letters between Anthem and Cigna Corp.’s lawyers where they disagree about aspects of the $48 billion takeover by Anthem.
Anthem, Cigna accusing one another of merger breach, US says
Anthem Inc. and Cigna Corp., the health insurers fighting a U.S. antitrust lawsuit, have accused one another of breaching their $48 billion merger agreement, the Justice Department said in a court filing.
Alere sues Abbott to force completion of $5.8B deal
Alere Inc. sued Abbott Laboratories claiming the medical-device maker failed to get U.S. antitrust clearance for their $5.8 billion merger agreement, potentially scuttling the controversial deal.
DOJ willing to consider settlement in Anthem, Cigna merger
A Justice Department lawyer on Friday told the judge in the antitrust case over Anthem Inc.’s $48 billion takeover of Cigna Corp. that the government was willing to hear settlement offers from the companies.
Evansville mineral law firm Rhine Ernest joins BGD
Evansville-based Rhine Ernest LLP, a mineral law firm founded in 1979, has joined Bingham Greenebaum Doll LLP, expanding the firm’s presence in southwest Indiana.
Aetna judge hands off Anthem merger case to speed trials
The judge overseeing two U.S. cases challenging mergers among four of the biggest health insurers gave up one case, improving the odds for rulings on both tie-ups by the end of the year and reducing the chance they fall apart beforehand.
Anthem says Cigna deal at risk without merger ruling by year-end
Anthem Inc. says its planned takeover of Cigna Corp. is in danger of collapsing unless there’s a quick trial to resolve a U.S. lawsuit seeking to block the deal.
Feds sue Anthem, Cigna to block $48B merger
U.S. antitrust enforcers on Thursday roundly rejected a pair of proposed deals that would consolidate the nation’s five biggest health insurers into just three.
US preparing lawsuits against Anthem, Aetna deals, sources say
U.S. antitrust officials are poised to file lawsuits to block Anthem Inc.’s takeover of rival health-insurer Cigna Corp. and Aetna Inc.’s deal to buy Humana Inc., according to a person familiar with the matter.
Dow-DuPont could be on hook for Teflon liabilities, groups say
DuPont Co. and Dow Chemical Co. should tell shareholders before Wednesday’s merger vote that they may face exposure to costly potential damages from claims that a chemical used to make Teflon caused cancer and other ailments, community activists are telling the companies.
Law firm mergers on pace for potential record year
It’s shaping up to be another record year for law firm mergers and acquisitions.
Wells Fargo’s partial tax victory may spur billions in refunds
Wells Fargo & Co. got less than it wanted in a federal tax-refund lawsuit, yet the bank’s partial victory may spur billions of dollars in similar refund claims from companies that have done repeated mergers and acquisitions, tax lawyers say.
Staples, Office Depot scrap merger after judge blocks deal
Staples and Office Depot said Tuesday they are scrapping their planned $6.3 billion merger after a federal judge blocked the deal, saying the government had made the case that the combination would likely hurt competition in office supplies.
2015 record-breaking year for law firm combinations
The 91 law firm combinations announced in the United States last year is the highest annual total recorded by Altman Weil MergerLine, which has been compiling this data for nine years.