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Both Anthem and Cigna shares rose when a DOJ lawyer told the judge in the antitrust case that the feds would hear settlement offers. But that's no guarantee an agreement could be reached.
The Justice Department has told Anthem that the health insurers planned takeover of Cigna threatens competition and probably cant be fixed by selling parts of their businesses, according to a person familiar with the matter.
U.S. hospitals want to stop Anthem's takeover of health insurer Cigna, saying the deal will increase the dominance of Blue Cross Blue Shield plans and potentially raise premiums for consumers.