• Key shareholder adviser backs Cigna-Express Scripts deal

    2 monthes ago - By Stl Today

    Cigna's plan to buy pharmacy benefit manager Express Scripts for around $52 billion has received a big endorsement a few days after activist investor Carl Icahn urged shareholders to reject it.
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  • Key shareholder adviser backs Cigna-Express Scripts deal

    2 monthes ago - By Chron

    Cigna's plan to buy pharmacy benefit manager Express Scripts for around $52 billion has received a big endorsement a few days after activist investor Carl Icahn urged shareholders to reject it.
    The proxy advisory firm Institutional Shareholder Services said Friday that stock owners should vote for the deal later this month, calling it financially compelling.
    Large institutional shareholders rely on ISS and similar firms to help them decide how to vote on certain company proposals.
    Icahn had warned shareholders in an open letter that Cigna Corp. was paying too much for a company with a...
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