Cigna (CI) Stock Gaining on Humana Merger Speculation

NEW YORK (TheStreet) -- Shares of Cigna Corp. are higher by 3.24% to $140.27 in late afternoon trading on Friday, following reports suggesting the company is looking into acquiring fellow health insurer Humana . Cigna is said to have approached Humana, which earlier today was reported to be looking into selling itself, regarding a potential deal, sources told Bloomberg. If Cigna were to purchase Humana it would catapult the company into the lead in the Medicare Advantage policies market, Bloombe...