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Anthem CEO Expects U.S. Regulatory Decision in July
New York Times

Anthem Inc Chief Executive Officer Joseph Swedish said on Tuesday the health insurer was pushing for approval from antitrust regulators reviewing its $51 billion acquisition of Cigna Corp and expects to hear a decision in July.

Anthem’s bid for Cigna followed closely after Aetna Inc’s proposed $34 billion purchase of Humana Inc last July. The two transactions would reduce the U.S. health insurance market to three major players from five, raising questions about whether regulators scrutinizing the deals would approve both. Swedish said antitrust regulators have asked many questions about how it and Cigna manage healthcare benefits for large employers, but that the overall review was moving forward as expected.