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Chancery Tosses $1.85B Anthem-Cigna Merger Bust Fee Suit

By Jeff Montgomery ( April 7, 2022, 7:44 PM EDT) -- Delaware's Chancery Court on Thursday dismissed a Cigna Corp. stockholder group derivative suit for damages arising from board, management and consultant conduct that allegedly scuttled Cigna's right to a $1.85 billion termination fee after the collapse of a proposed $54 billion merger with Anthem Inc. in 2017....

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