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
Business Spotlight: Just the Type

After discovering a niche for vintage typewriters, Laura Prather quickly grew a home-based typewriter sale and service business.

Most Read
Update cookies preferences