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Cigna Share Price Climbs Today on Anthem Deal News (NYSE: CI)

By , Associate Editor, Money Morning • @KyleAndersonMM -

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The Cigna share price jumped 4.6% this morning (Thursday) as Anthem Inc. (NYSE: ANTM) closes in on a $48 billion acquisition of Cigna Corp. (NYSE: CI).

At that price, Anthem will be paying roughly $188 per share for Cigna. The Cigna share price today reached an intraday high of $158 in early trading.

Here's what else investors need to know about this deal now...