YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Cigna to buy Express Scripts

Posted online

Health insurer Cigna agreed to buy pharmacy benefits manager Express Scripts, which is based out of St. Louis.

The proposed $67 billion deal includes the assumption of approximately $15 billion in Express Scripts debt.

“This combination accelerates Cigna’s enterprise mission of improving the health, well-being and sense of security of those we serve, and in turn, expanding the breadth of services for our customers, partners, clients, health plans and communities,” Cigna President and CEO David Cordani said in a statement.

Read more from Reuters.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
From the Ground Up: Watkins Elementary School storm shelter

Connected to Watkins Elementary School is a new storm shelter now under construction.

Most Read
Update cookies preferences