Correction to Cigna to Buy Express Scripts Story

03/08/18 05:42 PM EST

"Cigna Agrees to Buy Express Scripts," at 6:56 a.m. EST and "Cigna Agrees to Buy Express Scripts -- Update" at 7:14 a.m. EST incorrectly reported the amount of the deal in the first paragraph. Health insurer Cigna Corp. plans to buy Express Scripts Holding Co. in a cash-and-stock deal worth $54 billion that the companies say will expand their health care offerings and help them control costs. Also, the amount of debt being assumed was incorrectly reported in the third paragraph. The deal has a total transaction value of $67 billion, which includes Cigna's assumption of $13 billion of Express Scripts' net debt. (March 8)


(END) Dow Jones Newswires

March 08, 2018 17:42 ET (22:42 GMT)

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