The Cigna Group (CI-NYSE, $316.62) Raises 2024 Guidance, Beats on 2023 Earnings and Increases Dividend.
Cigna announced the sale of their Medicare Advantage business, with a planned close in 2025. The planned sale represents the complete exit by Cigna from government payor retiree healthcare programs. At a potential all-in price of $3.7 billion, the profit…
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