Anthem, Cigna Blast One Another Over Blocked Insurer Merger
- Cigna says Anthem stole confidential business information
- Anthem accuses Cigna CEO Cordani of sabotaging combination
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Cigna Corp. and Anthem Inc. traded accusations of harassment and sabotage in competing lawsuits as the two health companies feud publicly in the wake of a stalled $48 billion merger.
Cigna accused Anthem of trying to undermine its business by stealing confidential information and harassing its customers. Anthem blamed Cigna for the deal’s failure, saying its Chief Executive Officer David Cordani sabotaged the companies’ merger when Anthem rejected his demand to be made chief executive officer of the combined entity.