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Fly News Breaks for July 11, 2016
CI, ANTM
Jul 11, 2016 | 08:18 EDT
Bernstein expects the Anthem (ANTM)/Cigna (CI) deal to close, based on its view that the transaction has "a more limited impact on national account competition," and its belief that Anthem will accept "remedies including local market divestitures and commitment to participate in public exchanges. " The firm keeps a $207 price target and Outperform rating on Anthem.
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