The Wall Street Journal: Aetna, Humana mutually end merger deal

Aetna Inc. and Humana Inc. won’t appeal a judge’s decision to block their merger on antitrust grounds, avoiding what had been widely seen as an uphill battle to preserve the $34 billion deal.

The two health insurers said Tuesday morning that they will terminate their merger agreement. Immediately after the antitrust decision last month, Aetna AET, +0.30% had said it would consider appealing, but more recently both companies said they were weighing their options. The end of their deal, which would have forged a diversified insurance powerhouse, leaves both insurers with challenges as they forge separate paths forward.

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