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Anthem to buy Cigna for $48.4 billion dollars

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Anthem to buy Cigna for $48.4 Billion; a deal that combines based on members the second and fourth largest insurers. Aetna earlier this month agreed to buy Humana, Inc. for $35 billion at the same time Centene Corporation announced the purchase of Health Net, Inc. for $6.3 billion. Consolidation created in part due to the 2010 health-care overhaul, potentially reducing the top five to a top three.