Cigna Drops Merger Plans with Humana Post-Trump Reelection

Cigna Group announced it is not pursuing a merger with rival health insurer Humana, following increased investor speculation after Donald Trump's reelection. Despite initial hopes for easier antitrust reviews under Trump's administration, Cigna's decision to halt merger talks clarified the situation. Humana's stock experienced a decline after this announcement, while Cigna's shares rose. Analysts indicated that Cigna remains focused on strategic acquisitions and share buybacks rather than a merger with Humana. The ongoing dynamics in the healthcare insurance sector underscore the complexities and uncertainties surrounding potential mergers and acquisitions.