New York State Regulator Sets Dec. 7 Hearing for Cigna Purchase of Express Scripts
22 November 2018 - 8:55AM
Dow Jones News
By Josh Beckerman
A New York state regulator scheduled a Dec. 7 public hearing
concerning Cigna Corp.'s (CI) purchase of Express Scripts Holding
Co. (ESRX).
The cash-and-stock deal was valued at $54 billion when announced
in March.
The Department of Financial Services said the meeting "will
provide an opportunity for all stakeholders to comment on the
potential impacts on consumers and the insurance marketplace."
As of Nov. 1, the deal had received 23 state approvals and
needed six more.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
November 21, 2018 16:40 ET (21:40 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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