In Lilly’s partnership with Harvard Pilgrim Health Care, the not-for-profit insurer gets additional rebates if fewer patients using Lilly's diabetes treatment Trulicity meet blood sugar goals than expected.
Indianapolis-based HHGregg Inc. is turning to investment banks “to pursue a range of potential strategic and financial transactions" as the struggling appliances and electronics retailer battles sinking sales.
While Anthem said it was "significantly disappointed" by the judge's order and would seek an expedited appeal, Cigna said only that it "intends to carefully review the opinion and evaluate its options in accordance with the merger agreement."
The decision casts in doubt the industry's other big proposed merger—Indianapolis-based Anthem Inc.'s $48 billion bid for Cigna Corp. A ruling on the Justice Department's challenge of the Anthem deal is pending.
Indianapolis-based Republic reached a watershed contract agreement with pilots last October, but it wasn't enough to allow the carrier to regain its financial footing. Republic shares plummeted on news of the bankruptcy filing.