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Recently unsealed court testimony indicates health insurers Anthem Inc. and Cigna Corp. have important disagreements about their proposed merger, providing fresh details about a rift that is highly unusual for 2 companies seeking to press ahead with such a deal.
A trial on the planned merger started last week after the Justice Department decided to challenge it on antitrust grounds. Substantial parts of the case have been launch to the public, but U.S. District JudgeAmy Berman Jackson closed the courtroom for crucial portions of testimony by Anthem Chief Executive Joseph R. Swedish and Cigna CEO David Cordani, after the companies claimed confidential business data could be engaged.
The judge ordered the transcripts of the testimony unsealed Monday, although, after 7 media organizations raised objections to keeping it sealed.
Anthem and Cigna have quarreled for months behind the scenes even as their push to combine has shifted forward, with each company blaming the other of violating their $48 billion agreement.
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