Activist investor Carl Icahn said on Monday that he no longer intended to solicit proxies to vote against the $52 billion Cigna-Express Scripts deal, a turn around from his position last week when he urged the health insurer's shareholders to vote against it.
Shareholder advisory firm Institutional Shareholder Services Inc (ISS) on Friday recommended that Cigna Corp investors vote for the health insurer's $52 billion purchase of pharmacy benefits manager Express Scripts , a deal that has been opposed by activist investor Carl Icahn.
Hedge fund Glenview Capital Management on Thursday backed health insurer Cigna Corp's deal to buy pharmacy benefit manager Express Scripts in the face of stiff opposition from activist investor Carl Icahn ahead of a shareholder vote.
Health insurer UnitedHealth Group Inc has at least a tentative agreement to buy specialty pharmacy operator Genoa Health from private equity firm Advent International, news website Axios reported, citing a source familiar with the deal.
The American Medical Association, which represents U.S. physicians, urged the U.S. Justice Department on Wednesday to stop CVS Health Corp's plan to buy insurance provider Aetna Inc, saying the deal could result in higher prices for prescription medicines.
Starwood Property Trust Inc said on Wednesday it would buy the debt business and loan portfolio of GE Capital's energy finance unit for $2.56 billion, as it diversifies from commercial real estate.
British engineering firm Smiths Group Plc is close to abandoning talks with U.S.-based ICU Medical Inc over a 7 billion pound ($9 billion) merger of their healthcare divisions, Sky News reported on Monday.
Activist investor Carl Icahn on Tuesday urged Cigna Corp shareholders to vote against the health insurer's $52 billion purchase of Express Scripts Holding Co , citing regulatory hurdles and the growing threat from Amazon.
Investor Carl Icahn will send an open letter to the shareholders of insurer Cigna Corp asking them to vote against the company's $52 billion Express Scripts Holding Co buyout, the Wall Street Journal reported on Monday, citing a draft of the letter.
Billionaire investor Carl Icahn has a sizable stake in health insurer Cigna and plans to vote against its planned $52 billion acquisition of pharmacy benefits manager Express Scripts , the Wall Street Journal reported https://www.wsj.com/articles/carl-icahn-has-sizable-stake-in-cigna-plans-to-vote-against-express-scripts-deal-1533150217 on Wednesday.