Bloomberg Law
March 9, 2018, 12:37 PM UTC

Wake Up Call: Cigna’s $54B Express Scripts Bid Faces Long Review

• Cigna Corp.’s $54 billion bid for pharmaceutical benefits manager Express Scripts Holding Co. yesterday faces a drawn-out merger review as the Trump administration’s antitrust enforcers weigh the competitive effects of a wave of consolidation sweeping the health-care industry. ( Bloomberg ) Healthcare mega mergers are putting drugmakers in a bind, because suddenly the companies paying for medicines have a lot more negotiating power. ( Bloomberg Businessweek ) Law firms Wachtell and Paul Weiss are advising Cigna, while Skadden and Holland & Knight are advising Express Scripts, according to a press release. ( Business Wire )

• Chicago-based McDermott Will & Emery may ...

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