Cigna and Humana in talks on combining in what would be a mega deal: WSJ

Managed-care providers Cigna Group
CI,
-7.07%
and Humana Inc.
HUM,
-2.91%
are in talks to combine in a cash-and-stock deal that could be finalized before year-end, the Wall Street Journal reported Wednesday, citing people familiar with the matter. Cigna’s market value stands at about $83 billion, while Humana’s is about $62 billion, suggesting it would be mega deal. Cigna’s stock fell 5.4% on the report, while Humana was down 0.6%.