News that the U.S. Department of Justice is going to court to block Anthem’s efforts to acquire Cigna Corp. and Aetna’s effort to acquire Humana raises an important question: How much cash could the acquisition targets get if the deals die?

Indianapolis-based Anthem has been trying to acquire Bloomfield, Connecticut-based Cigna for about $48 billion in cash and stock. Hartford-based Aetna agreed to pay about $37 billion in cash and stock for Louisville, Kentucky-based Humana.

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