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Health insurer Cigna to buy Express Scripts for about $52 billion

(Reuters) - U.S. health insurer Cigna Corp struck a $52-billion deal to buy pharmacy benefits manager (PBM) Express Scripts Holding Co on Thursday, looking for new ways to hold onto their profits as the industry faces greater scrutiny for rising healthcare costs. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: health, scripts, express, cigna, insurer

Source Link: http://feeds.reuters.com/~r/reuters/businessNews/~3/YnYaH37R4yI/health-insurer-cigna-to-buy-express-scripts-for-about-52-billion-idUSKCN1GK0EJ

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