US court blocks Anthem-Cigna merger, dealing blow to consolidation

US court blocks Anthem-Cigna merger, dealing blow to consolidation

The office building of health insurer Anthem is seen in Los Angeles, California February 5, 2015. REUTERS/Gus Ruelas

A federal judge on Wednesday ruled against U.S. health insurer Anthem Inc’s proposed $54 billion merger with smaller rival Cigna Corp, derailing an unprecedented effort to consolidate the country’s health insurance industry.

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